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Bequests, gifts, and education: Links between intergenerational transfers
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics, Uppsala Center for Fiscal Studies.
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.ORCID iD: 0000-0001-8826-0410
2011 (English)In: Empirical Economics, ISSN 0377-7332, E-ISSN 1435-8921, Vol. 40, no 2, 343-358 p.Article in journal (Refereed) Published
Abstract [en]

We study the channels parents use to make transfers to their children. First, we focus on the relationship between investments in education and property transfers. Second, we turn to how property transfers are divided between inter vivos gifts and bequests. We use a Swedish dataset that is superior to previously used data as it contains information on both gifts and inheritances received from parents. We estimate models for the probabilities of having university education, receiving gifts, and receiving inheritances. In addition, we estimate models for gift and inheritance amounts. We find that the more resources parents have, the higher the likelihood of transfers, and that the correlation between receiving inter vivos gifts and inheritances is very high. Finally, women are more likely to have university education and to receive gifts, and daughters receive gifts of larger amounts than sons, although there are no differences in terms of inheritance.

Place, publisher, year, edition, pages
2011. Vol. 40, no 2, 343-358 p.
Keyword [en]
altruism, bequests, education, inheritances, inter vivos gifts
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:uu:diva-132416DOI: 10.1007/s00181-010-0344-0ISI: 000288557500005OAI: oai:DiVA.org:uu-132416DiVA: diva2:357847
Available from: 2010-10-20 Created: 2010-10-20 Last updated: 2017-12-12

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Publisher's full texthttp://econpapers.repec.org/article/sprempeco/v_3a40_3ay_3a2011_3ai_3a2_3ap_3a343-358.htm

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Ohlsson, Henry

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