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