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Transfers From Migrants To Their Children: Evidence That Altruism And Cultural Factors Matter

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  • François-Charles Wolff
  • Seymour Spilerman
  • Claudine Attias-Donfut

Abstract

This paper focuses on the determinants of financial inter vivos transfers by migrants living in France in 2003 to their adult children. From a theoretical viewpoint, such transfers may be explained either by altruism or by exchange. While parents would direct their assistance to their less well off children under altruism, support should be channeled to children who live nearby their parents under the exchange motive. We assess the relevance of these two motives using the French PRI survey. Unequal sharing is frequently observed and children are more likely to receive financial transfers when they are in poor circumstance, but not necessarily when living in proximity to parents. We also emphasize the role of cultural factors as determinants of the parental allocation among children. Muslim parents, in particular, are more likely to make transfers to sons than to daughters. Copyright � 2007 The Authors; Journal compilation � International Association for Research in Income and Wealth 2007.

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Bibliographic Info

Article provided by International Association for Research in Income and Wealth in its journal Review of Income and Wealth.

Volume (Year): 53 (2007)
Issue (Month): 4 (December)
Pages: 619-644

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Handle: RePEc:bla:revinw:v:53:y:2007:i:4:p:619-644

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Cited by:
  1. Elke Holst & Andrea Schäfer & Mechthild Schrooten, 2011. "Remittances and Gender: Theoretical Considerations and Empirical Evidence," Discussion Papers of DIW Berlin 1099, DIW Berlin, German Institute for Economic Research.
  2. Mitrut, Andreea & Wolff, Francois-Charles, 2013. "Investing in children's education: Are Muslim immigrants different?," Working Papers in Economics 575, University of Gothenburg, Department of Economics.
  3. Signe-Mary McKernan & Caroline Ratcliffe & Margaret Simms & Sisi Zhang, 2014. "Do Racial Disparities in Private Transfers Help Explain the Racial Wealth Gap? New Evidence From Longitudinal Data," Demography, Springer, vol. 51(3), pages 949-974, June.

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