Intergenerational Transfers, Borrowing Constraints and the Timing of Home Ownership
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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|Date of creation:||1996|
|Date of revision:|
|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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