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The division of inter-vivos parental transfers in Europe

机译:欧洲间父母间转移的划分

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摘要

This paper explores the patterns of the division of inter-vivos financial transfers from old parents to adult children in a sample of 14 European countries drawn from two waves of the Survey of Health, Aging, and Retirement in Europe. Contrary to previous research mostly focused in US, this study finds a higher frequency of parents that equally divide their financial transfers among their adult children. On average, 36% of European parents divide equally. These results sharply contrast with approximately 6.4%-9.2% of American parents that divide equally. It is possible that altruistic parents are also concerned with a norm of equal division, and therefore they do not fully offset the differences of income among their children as predicted by the standard model of altruism. The econometric results show that parents are more likely to give equal transfers if, in their view, income inequality among their children is not too high. Furthermore, the analysis is extended by adding variables at the country level. In this regard, income inequality, pension expenditures, the societal level of altruism and inheritance taxes are key to explain country differences.
机译:本文从欧洲健康,老龄化和退休调查的两次浪潮中抽取了14个欧洲国家的样本,探讨了从老年父母到成年子女的跨家庭财务转移的分配方式。与以前的研究主要集中在美国相反,该研究发现父母将父母的财务转移平均分配给成年子女的频率更高。平均而言,有36%的欧洲父母平均分配。这些结果与约6.4%-9.2%的美国父母平均分配情况形成鲜明对比。利他主义的父母也可能关注均分的规范,因此他们没有完全抵消利他主义标准模型所预测的子女之间的收入差异。计量经济学结果表明,如果父母认为子女之间的收入不平等程度不太高,则父母更有可能平均分配。此外,通过在国家一级添加变量来扩展分析。在这方面,收入不平等,养老金支出,利他主义的社会水平和遗产税是解释国家差异的关键。

著录项

  • 作者

    Olivera Angulo Javier;

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  • 年度 2016
  • 总页数
  • 原文格式 PDF
  • 正文语种 en
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