Determinants and Consequences of Family Transfer

家庭转移的决定因素和后果

• 批准号: 6805168
• 负责人: John K Scholz
• 金额: $ 28.91万
• 依托单位: UNIVERSITY OF WISCONSIN-MADISON
• 依托单位国家: 美国
• 财政年份: 2003
• 资助国家: 美国
• 起止时间: 2003-09-30 至 2006-08-31
• 项目状态: 已结题
• 来源: https://reporter.nih.gov/project-details/6805168
• 关键词: behavioral /social science research tag; clinical research; education cost /financing; family structure /dynamics; generation difference; human data; retirement; social cooperation; social model; socioeconomics

DESCRIPTION (provided by applicant): If supported, this three-year project will develop new theoretical and empirical models to better understand the timing, magnitude, and consequences of intergenerational transfers. Our theoretical work will develop models that can better match empirical facts about the timing of transfers within the family, and can help explain the prevalence of "tied" educational and housing transfers. We also develop potentially innovative ways to assess circumstances under which cooperative models better match behavior than non-cooperative models. Better underlying behavioral models of intergenerational transfers will enhance researchers' and policy-makers' understanding of intergenerational linkages within families, human capital formation of young Americans, and the way public policies and families interact to affect behavior. Our proposed empirical work focuses on 1) the role of tied transfers in understanding college attendance and graduation, 2) empirical tests of the implications of cooperative models of transfers, 3) the effects of retirement on inter-vivo transfers, 4) the effects of estate and gift tax changes on inter-vivo transfers, and 5) the joint estimation of inter-vivo transfers of time and money and related projects exploring the degree to which transfers are compensatory. The empirical projects test specific implications of new behavioral models of intergenerational transfers, and hence can demonstrate (or falsify) their ability to better understand behavior. Equally importantly, we address practical policy questions about the degree to which retirement affects transfers, about the effects of estate and gift taxation on inter-vivos transfers, and about the degree to which families efficiently allocate resources across family members. Our empirical work will be based on complementary transfer questions from the Health and Retirement Study (and AHEAD), the Wisconsin Longitudinal Survey (WLS), and the Surveys of Consumer Finances. The co-investigators are helping to design new transfers information in the 2003 wave of the WLS and are ideally situated to analyze these data.

描述(由申请者提供)：如果得到支持，这个为期三年的项目将开发新的理论和经验模型，以更好地理解代际转移的时机、规模和后果。我们的理论工作将开发一些模型，这些模型可以更好地匹配有关家庭内部转移时机的经验事实，并有助于解释教育和住房转移“挂钩”的普遍现象。我们还开发了潜在的创新方法来评估合作模型比非合作模型更好地匹配行为的情况。更好的代际转移的潜在行为模型将增强研究人员和政策制定者对家庭内代际联系、美国年轻人的人力资本形成以及公共政策和家庭相互作用影响行为的方式的理解。我们建议的实证工作集中在1)挂钩转移在理解大学入学和毕业中的作用，2)转移合作模型的实证检验，3)退休对体内转移的影响，4)遗产税和赠与税变化对体内转移的影响，5)联合估计体内转移的时间和金钱，以及探索转移的补偿性程度的相关项目。这些经验性项目测试了代际转移的新行为模型的具体含义，因此可以证明(或证伪)它们更好地理解行为的能力。同样重要的是，我们探讨了实际的政策问题，如退休对转移的影响程度，遗产税和赠与税对生者之间转移的影响，以及家庭在家庭成员之间有效分配资源的程度。我们的实证工作将基于来自健康和退休研究(以及AHEAD)、威斯康星州纵向调查(WLS)和消费者财务调查的补充转移问题。联合调查员正在帮助设计2003年WLS浪潮中新的转移信息，并处于分析的理想位置 这些数据。