EconPapers    
Economics at your fingertips  
 

Intergenerational transfers: the ignored role of time

Sumon Bhaumik ()

No WP-2001-008, MPIDR Working Papers from Max Planck Institute for Demographic Research, Rostock, Germany

Abstract: The literature on inter vivos and intergenerational transfers has largely focussed on the possible determinants of such transfers. Specifically, much of the empirical work has examined whether transfers are driven by altruistic relationship between “dynastic” households. However, the empirical literature has consistently overlooked the possibility that transfers may be driven by specific events in the recipients’ lives like marriage, childbirth and illness. Further, it has not addressed the possibility that within a reasonably long time frame – say, one year – transfers may influence household income as much as household income influences the probability and magnitude of transfers. This paper addresses these lacunae in the existing literature. Using GSOEP data from the 1996 and 1997 surveys, it shows that demographic and other events determine transfers to a significant extent, and also that overlooking the possible endogeneity of income may lead to bias in the econometric estimations. (AUTHOR)

JEL-codes: J1 Z0 (search for similar items in EconPapers)
Date: 2001
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7) Track citations by RSS feed

Downloads: (external link)
https://www.demogr.mpg.de/Papers/Working/wp-2001-008.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:dem:wpaper:wp-2001-008

DOI: 10.4054/MPIDR-WP-2001-008

Access Statistics for this paper

More papers in MPIDR Working Papers from Max Planck Institute for Demographic Research, Rostock, Germany
Bibliographic data for series maintained by Peter Wilhelm ().

 
Page updated 2021-05-14
Handle: RePEc:dem:wpaper:wp-2001-008