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Transitions in Giving and Receiving Intergenerational Financial Support in Middle and Old Age

Author

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  • Aviad Tur-Sinai

    (The Max Stern Yezreel Valley College)

  • Noah Lewin-Epstein

    (Tel Aviv University)

Abstract

The growing population of elderly households, and their diverse economic circumstances, underscores the need to study the patterns of financial assistance in advanced ages. The proposition presented conceptualizes intergenerational financial support as contingent and dynamic. Data are drawn from Wave I to Wave VI of SHARE-Europe. The empirical examination models changes over time in financial support. The study’s findings show that steady giving and receiving is quite exceptional. Most respondents did not engage in giving or receiving financial support at any two time points during the 12 year period covered by our study. Aging, changing living arrangements, and especially economic circumstances affect the likelihood of shifting between giving and not giving as well as receiving or not receiving financial assistance. Comparisons across four European welfare regimes reveal that the propensity to refrain from giving any financial support is salient mainly in Mediterranean and Eastern European states, whereas the likelihood of not receiving sustained financial support from offspring is salient mainly in states characterized by the Continental and the Mediterranean welfare regimes. There appears to be no reciprocity with respect to financial support in Social Democratic and Continental welfare regimes, but we do find evidence of such reciprocity in the Mediterranean and Eastern European regimes. Nonetheless, patterns of intergenerational exchanges of financial and social support are manifested in all welfare regimes.

Suggested Citation

  • Aviad Tur-Sinai & Noah Lewin-Epstein, 2020. "Transitions in Giving and Receiving Intergenerational Financial Support in Middle and Old Age," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 150(3), pages 765-791, August.
    • Handle: RePEc:spr:soinre:v:150:y:2020:i:3:d:10.1007_s11205-020-02354-3
    DOI: 10.1007/s11205-020-02354-3
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    1. Aviad Tur-Sinai & Avia Spivak, 2022. "How Generous are Societies Toward Their Elderly? A European Comparative Study of Replacement Rates, Well-Being and Economic Adequacy," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 162(1), pages 71-105, July.
    2. Aviad Tur-Sinai & Dafna Halperin & Nissim Ben David & Ariela Lowenstein & Ruth Katz, 2022. "Cessation of Care for Frail Older Adults: Physical, Psychological and Economic Outcomes for Family Carers," IJERPH, MDPI, vol. 19(6), pages 1-17, March.
    3. Aviad Tur-Sinai & Harald Künemund & Claudia Vogel, 2022. "Inheritances and work for pay — will the expected wave of bequests undermine active ageing policies?," European Journal of Ageing, Springer, vol. 19(4), pages 1251-1261, December.
    4. Aviad Tur-Sinai & Andrea Teti & Alexander Rommel & Valentina Hlebec & Giovanni Lamura, 2020. "How Many Older Informal Caregivers Are There in Europe? Comparison of Estimates of Their Prevalence from Three European Surveys," IJERPH, MDPI, vol. 17(24), pages 1-17, December.

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