Private Interhousehold Transfers of Money and Time: New Empirical Evidence
AbstractThere is a growing awareness that it is important to understand patterns of family assistance; however, there is still a great deal of information about private transfers that is not known. This study begins to fill this void by presenting results from a new survey and integrating these findings with evidence from recent studies that use other new data sets. It is found that: (1) a large share of households participate in private transfer networks, (2) a greater amount of financial assistance is provided to lower income family members, (3) altruism does not fully explain transfer behavior, and (4) people in their 20s and 30s receive more assistance than people of other ages, even the very old. Copyright 1997 by The International Association for Research in Income and Wealth.
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Bibliographic InfoPaper provided by RAND - Labor and Population Program in its series Papers with number 93-26.
Length: 27 pages
Date of creation: 1993
Date of revision:
Contact details of provider:
Postal: RAND, Labor and Population Program, 1700 Main Street, P.O. Box 2138 Santa Monica, CA 90407-2138.
Phone: (310) 393-0411, x7359
Web page: http://www.rand.org/labor.html
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family ; income;
Other versions of this item:
- Schoeni, Robert F, 1997. "Private Interhousehold Transfers of Money and Time: New Empirical Evidence," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 43(4), pages 423-48, December.
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