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

  • 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)

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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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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