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Bequests, gifts, and education: links between intergenerational transfers

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  • Katarina Nordblom

    ()

  • Henry Ohlsson

    ()

Abstract

We study the motives behind parents’ transfers to their children, and the relationship between tangible transfers and educational investments. Another issue is the channels parents choose for tangible transfers. Do they use bequests and inter vivos gifts as substitutes or complements? We use a recent Swedish data set. It is superior to previously used data as it has information on both inheritances and gifts received. Our empirical analysis gives some support for parents having altruistic motive for their transfers. We also find evidence that parents use bequest and gifts as substitutes.

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Bibliographic Info

Article provided by Springer in its journal Empirical Economics.

Volume (Year): 40 (2011)
Issue (Month): 2 (April)
Pages: 343-358

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Handle: RePEc:spr:empeco:v:40:y:2011:i:2:p:343-358

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Related research

Keywords: Bequests; Inheritances; Inter vivos gifts; Education; Altruism; D10; D64; D91;

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Cited by:
  1. Juan Mora & Ana Moro-Egido, 2012. "Analyzing motives for money-transfers within families: the role of transfers for education," Empirical Economics, Springer, vol. 43(1), pages 357-378, August.
  2. Ohlsson, Henry & Roine, Jesper & Waldenström, Daniel, 2014. "Inherited Wealth over the Path of Development: Sweden, 1810–2010," Working Paper Series 1033, Research Institute of Industrial Economics.
  3. Alonso-Carrera, Jaime & Caballé, Jordi & Raurich, Xavier, 2012. "Fiscal policy, composition of intergenerational transfers, and income distribution," Journal of Economic Behavior & Organization, Elsevier, vol. 84(1), pages 62-84.

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