EMPIRICAL STUDY OF INTERGENERATIONAL-TRANSFER MOTIVES

拟议的研究解决了以下问题：什么是 家庭成员之间代际收入转移的动机？ 考虑了两种可能的动机--利他主义和交换。父母可能会 出于利他主义给他们的成年子女。他们关心他们，而且 从给予中获得替代的满足感。或者，捐赠者可以 希望他们的转移能得到一些回报，比如关注， 陪伴，或情感支持。这些交流可能是 同时签订的或长期合同的一部分。 私人转会动机的问题很重要，因为它们可以 决定公共再分配政策的结果。但我们的 了解私人转移是如何应对经济状况的 由于数据稀缺，这一数字相当有限。 转移行为是在其他动机下模拟的--利他主义和 交换--以及适用于经验检验的含义被推导出来。这个 将使用全国家庭和家庭调查(NSFH)来 对私人转移的动机进行实证调查。国家食品和药物管理局已经 关于私人金融代际转移和在-- 与服务相关的种类转移，如照看和联系。数据 SET包含有关家庭结构和生活的全面信息 安排，除了劳动力市场、人口统计和消费者- 资产负债表信息。所有这些都与转会问题有关 动机。为了补充NSFH的实证工作，NSFH在 将进行深度调查，以捕捉更微妙的方面 代际转移。 实证结果将使我们深入了解私人部门之间相互竞争的原因 代际传递发生了，并有助于我们理解 公共转移和私人转移之间的相互作用。

The proposed research addresses the following question: What is the motivation for intergenerational income transfers among family members? Two possible motives are considered--altruism and exchange. Parents might give to their adult children out of altruism. They care about them and derive vicarious satisfaction from giving. Alternatively, donors could expect something in return for their transfers, such as attention, companionship, or emotional support. These exchanges might be contemporaneous or part of a long-term contract. The question of private-transfer motives is important, because they can determine the outcomes of public-redistribution policies. But our knowledge of how private transfers respond to economic conditions is quite limited, due to scarcity of data. Transfer behavior is modeled under alternative motives--altruism and exchange--and implications amenable to empirical testing are derived. The National Survey of Families and Households (NSFH) will be used to investigate empirically the motives for private transfers. The NSFH has information on both private financial intergenerational transfers and in- kind, service-related transfers, such as caregiving and contact. The data set contains comprehensive information on family structure and living arrangements, in addition to labor market, demographic, and consumer- balance-sheet information. All are relevant to the question of transfer motives. To supplement the empirical work with the NSFH, a small, in depth survey will be conducted to capture the more subtle aspects of intergenerational transfers. The empirical results will give insights into the reasons private inter- generational transfers occur, and contribute to our understanding of the interplay between public and private transfers.