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BEQUESTS, GIFTS, AND EDUCATION Swedish evidence on parents’ transfer behavior

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Author Info

  • Nordblom, Katarina

    (Department of Economics, School of Economics and Commercial Law, Göteborg University)

  • Ohlsson, Henry

    (Department of Economics, School of Economics and Commercial Law, Göteborg University)

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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File URL: http://hdl.handle.net/2077/2881
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Bibliographic Info

Paper provided by University of Gothenburg, Department of Economics in its series Working Papers in Economics with number 69.

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Length: 32 pages
Date of creation: 11 Apr 2002
Date of revision:
Handle: RePEc:hhs:gunwpe:0069

Contact details of provider:
Postal: Department of Economics, School of Business, Economics and Law, University of Gothenburg, Box 640, SE 405 30 GÖTEBORG, Sweden
Phone: 031-773 10 00
Web page: http://www.handels.gu.se/econ/
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Keywords: bequests; inheritances; inter vivos gifts; education; altruism; compensatory transfers;

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Cited by:
  1. Jaime Alonso-Carrera & Jordi Caballé & Xavier Raurich, 2009. "Fiscal policy, composition of intergenerational transfers, and income distribution," Working Papers 387, Barcelona Graduate School of Economics.
  2. 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.

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