Transfer behavior in the health and retirement study - Measurement and the redistribution of resources within the family
Transfer behavior in the health and retirement study - Measurement and the redistribution of resources within the family
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DOI：
10.2307/146283
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发表时间：
1995-01-01
影响因子：
5.2
通讯作者：
Schoeni, RF
中科院分区：
文献类型：
--
作者：
McGarry, K;Schoeni, RF
一些经济学家最近的研究引发了一场关于代际转移所起作用的辩论。使用新的健康和退休研究(HRS)，我们能够更好地解决涉及的问题。与目前关于遗赠的文献相反，我们并没有发现父母给所有孩子的转移是平等的。相反，我们发现，在活体间转移的情况下，受访者给予较不富裕的子女的经济援助比给予较高收入的子女更大。对年迈父母的财政转移也被发现与(潜在的)接受者的收入负相关。这些结果对于转移的发生率和数额都是成立的。此外，我们通过估计固定效应模型来考虑家庭之间未观察到的差异，并发现我们的结果对这些规范是稳健的。HRS转移数据与其他调查数据的比较表明，HRS在转移行为研究中具有潜在的实用价值。
Recent work by a number of economists has opened a debate about the role played by intergenerational transfers. Using the new Health and Retirement Study (HRS), we are better able to address the issues involved. Contrary to the current literature on bequests, we do not find that parents give transfers equally to all children. Rather, we find that in the case of inter-vivos transfers, respondents give greater financial assistance to their less well off children than to their children with higher incomes. Financial transfers to elderly parents are also found to be negatively related to the (potential) recipient's income. These results hold both for the incidence of transfers and for the amounts. In addition, we allow for unobserved differences across families by estimating fixed effect models and find our results to be, robust to these specifications. A comparison of the HRS transfer data to other survey data demonstrates that the HRS is potentially quite useful for research on transfer behavior.