Intergenerational Transfers and the Accumulation of Wealth
نویسندگان
چکیده
منابع مشابه
The Role of Intergenerational Transfers and Life Cycle Saving in the Accumulation of Wealth
he purpose of this paper is to review what economists know at present about the following question: How large a portion of the existing wealth is the result of a bequest motive, that is, of accumulation for the specific purpose of leaving bequests? I will also endeavor to clarify why an answer to this question is of interest. In the early Keynesian period when the study of national saving first...
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Analyzing two cohorts from the Health and Retirement Survey from 1992 to 2002, we investigate the growth of wealth inequality and the determinants of intergenerational transfers. Although wealth inequality has grown substantially, patterns of intergenerational transfers that we are able to assess have changed only modestly. Based on these results, we conclude that concerns that the level of ine...
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This bulletin is based on research conducted by Professor Garry Barrett and Associate Professor Stephen Whelan at the AHURI Research Centre— University of Sydney, and Professor Gavin Wood and Dr Melek Cigdem at the AHURI Research Centre—RMIT University. The research explored the implications of income-based intergenerational transfers for housing outcomes and the distribution of wealth in Austr...
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There are many pathways explaining the relationship between socio-economic status and health. However measurement of this relationship is clouded by endogeneity. SES may influence health and health may influence SES. Inheritances can provide an exogenous shock to financial resources, allowing us to measure the impact of additional financial resources on health. However this requires that other ...
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Intergenerational private transfers as a component of intergenerational relations, defined as exchang of financial and nonfinancial rsources between different generations in the family. Financial transfers are known as supply of lifeycle deficit in the old and young ages and an important factor to fullfill needs in these stages of lifecycle. The aim of the study is to recognize composition of f...
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ژورنال
عنوان ژورنال: Journal of Economic Perspectives
سال: 1994
ISSN: 0895-3309
DOI: 10.1257/jep.8.4.145