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The equal division puzzle - empirical evidence on intergenerational transfers in Sweden
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.ORCID iD: 0000-0001-8826-0410
2007 (English)Report (Other academic)
Abstract [en]

The objective of this paper is to study to what extent parents divide their estates unequally between their children. Unequal sharing of parental transfers is, for example, a necessary condition for theories of altruistic (dynastic) behavior to hold. I use a new data set based on the estate reports for 230 widows, widowers, and divorcees from the city of Stockholm, Sweden deceased in 2004. Unequal sharing is unusual, depending on definitions only 7–25 percent of the estates are unequally divided. The data set is also used to estimate probit models for the likelihood of unequal sharing. A first main result is that the probability of unequal sharing is increasing in the size of the estate. Second, the older the children are on average the more likely is unequal sharing. Finally, unequal sharing is more common among deceased from some neighborhoods of the city compared to deceased from other neighborhoods.

Place, publisher, year, edition, pages
Uppsala: Department of Economics, Uppsala University , 2007. , p. 20
Series
Working paper / Department of Economics, Uppsala University (Online), ISSN 1653-6975 ; 2007:10
Keywords [en]
bequests, inheritances, equal division, altruism
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:uu:diva-25385OAI: oai:DiVA.org:uu-25385DiVA, id: diva2:53159
Available from: 2008-02-07 Created: 2008-02-07 Last updated: 2013-11-20Bibliographically approved

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Ohlsson, Henry

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf