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Intergenerational Transfers, Borrowing Constraints and the Timing of Home Ownership

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Author Info
Guiso, L.
Jappelli, T.

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Abstract

The 1991 Italian Survey of Household Income and Wealth contains detailed retrospective information on major bequests and gifts received by each member of the household. This information is used to estimate the share of intergenerational transfers in total welath and to relate this share to households' characteristics. Gifts and bequests represent between 25 and 36 percent of total net worth.

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Publisher Info
Paper provided by Banca Italia - Servizio di Studi in its series Papers with number 275.

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Length: 74 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:fth:banita:275

Contact details of provider:
Postal: Banca d'Italia-Servizio Studi-Divisione Biblioteca e Pubblicazioni - Via N azionale, 91 -00184 Rome, Italy.
Web page: http://www.bancaditalia.it/
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Related research
Keywords: HOUSING HOUSEHOLD

Find related papers by JEL classification:
D10 - Microeconomics - - Household Behavior - - - General
D19 - Microeconomics - - Household Behavior - - - Other
L80 - Industrial Organization - - Industry Studies: Services - - - General
L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services

Cited by:
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  1. Tullio Jappelli & Franco Modigliani, 1998. "The Age-Saving Profile and the Life-Cycle Hypothesis," CSEF Working Papers 09, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy. [Downloadable!]
  2. Daniela del Boca, 1999. "Participation and Fertility Behavior of Italian Women: The Role of Market Rigidities," CHILD Working Papers wp10_00, CHILD - Centre for Household, Income, Labour and Demographic economics - ITALY. [Downloadable!]
  3. Daniela del Boca & Annamaria Lusardi, 2001. "Credit Market Regulations Changes And Labor Market Decisions," CHILD Working Papers wp22_01, CHILD - Centre for Household, Income, Labour and Demographic economics - ITALY. [Downloadable!]
  4. Luigi Guiso & Tullio Jappelli, 1999. "Private Transfers, Borrowing Constraints and the Timing of Homeownership," CSEF Working Papers 17, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy. [Downloadable!]
    Other versions:
  5. Del Boca, D., 1998. "Environmental Effects on the Participation and Fertility Decisions of Married Women," Working Papers 98-28, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
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