An Economic Analysis of Intergenerational Transfers and Parent-Child Relations in Japan

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In this research, we used data from Japan, the United States, China, and India to analyze the current state and determinants of bequests and other intergenerational transfers and parent-child relations (parent-child co-residence, financial assistance and care of parents by their children, etc.) from a cross-national perspective and to shed light on which theoretical model of household behavior applies in the real world and on what differences exist among countries. We found that the Japanese are the most selfish and that those in the United States, China, and India are the most altruistic.