The balance of intergenerational family transfers: A life-cycle perspective

European Journal of Ageing

Volumn 11, Issue 3, 2014, Pages 249-259

  Mudrazija, Stipica ^a  

^a UNIVERSITY OF SOUTHERN CALIFORNIA   (United States)

Author keywords

Intergenerational transfers; Life cycle; SHARE; Welfare regimes

Indexed keywords

EID: 84905689355     PISSN: 16139372     EISSN: 16139380     Source Type: Journal    
DOI: 10.1007/s10433-013-0302-8     Document Type: Article

References (48)

1. Ahlberg JH, Nilson EN, Walsh JL (1967) The theory of splines and their applications. Academic Press, New York.
2. Albertini M, Kohli M (2012) The generational contract in the family: an analysis of transfer regimes in Europe. Eur Sociol Rev. doi: 10. 1093/esr/jcs061.
3. Albertini M, Kohli M, Vogel C (2007) Intergenerational transfers of time and money in European families: common patterns-different regimes? J Eur Soc Policy 17(4): 319-334.
4. Attias-Donfut C (ed) (1995) Les solidarités entre générations: vieillesse, familles, État. Nathan, Paris.
5. Attias-Donfut C, Ogg J (2009) Évolution des transferts intergénérationnels: Vers un modèle européen? Retraite Soc 58: 11-29.
6. Attias-Donfut C, Ogg J, Wolff F-C (2005) European patterns of intergenerational financial and time transfers. Eur J Ageing 2: 161-173.
7. Barro RJ (1974) Are government bonds net wealth? J Polit Econ 82(6): 1095-1117.
8. Becker GS (1974) A theory of social interactions. J Polit Econ 82(6): 1063-1093.
9. Berry B (2008) Financial transfers from living parents to adult children: who is helped and why? Am J Econ Sociol 67(2): 207-238.
10. Bonsang E (2007) How do middle-aged children allocate time and money transfers to their older parents in Europe? Empirica 34: 171-188.
11. Brandt M, Deindl C (2013) Intergenerational transfers to adult children in Europe: do social policies matter? J Marriage Fam 75: 235-251.
12. Brandt M, Haberkern K, Szydlik M (2009) Intergenerational help and care in Europe. Eur Sociol Rev 25(5): 585-601.
13. Brown JR, Weisbenner SJ (2002) Is a bird in hand worth more than a bird in the bush? Intergenerational transfers and savings behavior (NBER working paper no. 8753). National Bureau of Economic Research, Cambridge.
14. Burbidge JB, Magee L, Robb AL (1988) Alternative transformations to handle extreme values of the dependent variable. J Am Stat Assoc 83(401): 123-127.
15. Castles FG (1993) Introduction. In: Castles F (ed) Families of nations: patterns of public policy in western democracies. Aldershot, Dartmouth, pp xiii-xxiii.
16. Chien S et al (2013) RAND HRS data documentation, version M. http://hrsonline. isr. umich. edu/modules/meta/rand/randhrsm/randhrsM. pdf. Accessed 7 Oct 2013.
17. Cooney TM, Uhlenberg P (1992) Support from parents over the life course: the adult child's perspective. Soc Forces 71(1): 63-84.
18. Cox D, Eser Z, Jimenez E (1998) Motives for private transfers over the life cycle: an analytical framework and evidence for Peru. J Dev Econ 55: 57-80.
19. De Boor C (2001) A practical guide to splines. Springer, New York.
20. Deindl C, Brandt M (2011) Financial support and practical help between older parents and their middle-aged children in Europe. Ageing Soc 31: 645-662.
21. Dykstra PA, Fokkema T (2011) Relationships between parents and their adult children: a West European typology of late-life families. Ageing Soc 31: 545-569.
22. Eggebeen D, Hogan DP (1990) Giving between generations in American families. Hum Nat 1(3): 211-232.
23. Esping-Andersen G (1990) The three worlds of welfare capitalism. Princeton University Press, Princeton.
24. Friedman M (1957) A theory of the consumption function. Princeton University Press, Princeton.
25. Georgarakos D, Pasini G (2011) Trust, sociability, and stock market participation. Rev Financ 15: 693-725.
26. Haberkern K, Szydlik M (2010) State care provision, societal opinion and children's care of older parents in 11 European countries. Ageing Soc 30: 299-323.
27. Hansen BE (2000) Sample splitting and threshold estimation. Econometrica 68(3): 575-603.
28. Heijdra BJ, Romp WE (2008) A life-cycle overlapping-generations model of the small open economy. Oxf Econ Pap 60: 88-121.
29. Hurd M, Smith JP, Zissimopoulos J (2007) Inter-vivos giving over the lifecycle (working paper no. 524). RAND Corporation Publications Department, Santa Monica.
30. Igel C, Szydlik M (2011) Grandchild care and welfare state arrangements in Europe. J Eur Soc Policy 21(3): 210-224.
31. Kapteyn A, Panis C (2003) The size and composition of wealth holdings in the United States, Italy, and the Netherlands (NBER working paper no. 10182). National Bureau of Economic Research, Cambridge.
32. Kohli M, Albertini M (2007) The generational contract in the family: explaining regime differences in financial transfers from parents to children in Europe (DemoSoc working paper no. 2007-24). Universitat Pompeu Fabra, Barcelona.
33. Kohli M, Künemund H (2003) Intergenerational transfers in the family: what motivates giving? In: Bengtson VL, Lowenstein A (eds) Global aging and challenges to families. Aldine de Gruyter, New York, pp 123-142.
34. Kohli M, Künemund H, Motel-Klingebiel A, Szydlik M (2005) Generationenbeziehungen. In: Kohli M, Künemund H (eds) Die zweite Lebenshälfte. Gesellschaftliche Lage und Partizipation im Spiegel des Alters-Survey, 2nd edn. VS Verlag für Sozialwissenschaften, Wiesbaden, pp 176-211.
35. Kotlikoff LJ (1989) Intergenerational transfers and savings (NBER working paper no. 2237). National Bureau of Economic Research, Cambridge.
36. Lee RD, Mason A (2011) Generational economics in a changing world. Popul Dev Rev 37(suppl): 115-142.
37. Leopold T, Raab M (2011) Short-term reciprocity in late parent-child relationships. J Marriage Fam 73: 105-119.
38. Litwin H, Vogel C, Künemund H, Kohli M (2008) The balance of intergenerational exchange: correlates of net transfers in Germany and Israel. Eur J Ageing 5: 91-102.
39. Mason A, Lee RD, Tung A-C, Lai M-S, Miller T (2006) Population aging and intergenerational transfers: introducing age into national accounts (NBER working paper no. 12770). National Bureau of Economic Research, Cambridge.
40. McGarry K, Schoeni RF (1995) Transfer behavior in the Health and Retirement Study: measurement and the redistribution of resources within the family. J Hum Resour 30(suppl): 184-226.
41. Modigliani F (1988) The role of intergenerational transfers and life cycle saving in the accumulation of wealth. J Econ Perspect 2(2): 15-40.
42. Modigliani F, Brumberg R (1954) Utility analysis and the consumption function: an interpretation of cross-section data. In: Kurihara K (ed) Post-Keynesian economics. Rutgers University Press, New Brunswick, pp 388-436.
43. Pence KM (2006) The role of wealth transformations: an application to estimating the effect of tax incentives on saving. Contrib Econ Anal Policy 5(1). doi: 10. 2202/1538-0645. 1430.
44. Rosenzweig MR, Wolpin KI (1993) Intergenerational support and the life-cycle incomes of young men and their parents: human capital investments, coresidence, and intergenerational financial transfers. J Labor Econ 11(1): 84-112.
45. SHARE (2006) Wave 2. http://cdata28. uvt. nl/sharedatadissemination/users/login. Accessed 15 August 2012.
46. Silverstein M, Conroy SJ, Wang HT, Giarrusso R, Bengtson VL (2002) Reciprocity in parent-child relations over the adult life course. J Gerontol Soc Sci 57(1): S3-S13.
47. U. S. Census Bureau (2013) International database. http://www. census. gov/population/international/data/idb/informationGateway. php. Accessed 2 March 2013.
48. Zissimopoulos J, Smith JP (2009) Unequal giving: monetary gifts to children across countries and over time (working paper no. 723). RAND Corporation Publications Department, Santa Monica.