EconPapers    
Economics at your fingertips  
 

The equal division puzzle – empirical evidence on intergenerational transfers in Sweden

Henry Ohlsson ()

No 2007:10, Working Paper Series from Uppsala University, Department of Economics

Abstract: The objective of this paper is to study to what extent parents divide their estates unequally between their children. Unequal sharing of parental transfers is, for example, a necessary condition for theories of altruistic (dynastic) behavior to hold. I use a new data set based on the estate reports for 230 widows, widowers, and divorcees from the city of Stockholm, Sweden deceased in 2004. Unequal sharing is unusual, depending on definitions only 7–25 percent of the estates are unequally divided. The data set is also used to estimate probit models for the likelihood of unequal sharing. A first main result is that the probability of unequal sharing is increasing in the size of the estate. Second, the older the children are on average the more likely is unequal sharing. Finally, unequal sharing is more common among deceased from some neighborhoods of the city compared to deceased from other neighborhoods.

Keywords: bequests; inheritances; equal division; altruism (search for similar items in EconPapers)
JEL-codes: C81 D10 D31 D91 H24 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ltv
Date: 2007-01-29
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (13) Track citations by RSS feed

Downloads: (external link)
http://uu.diva-portal.org/smash/get/diva2:53159/FULLTEXT01.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:hhs:uunewp:2007_010

Access Statistics for this paper

More papers in Working Paper Series from Uppsala University, Department of Economics Department of Economics, Uppsala University, P. O. Box 513, SE-751 20 Uppsala, Sweden. Contact information at EDIRC.
Bibliographic data for series maintained by Lovisa Isaksson ().

 
Page updated 2018-12-03
Handle: RePEc:hhs:uunewp:2007_010