Intergenerational Transfers in the Health and Retirement Study Data
dc.contributor.author | Laitner, John P. | |
dc.contributor.author | Sonnega, Amanda | |
dc.date.accessioned | 2010-11-30T17:58:50Z | |
dc.date.available | 2010-11-30T17:58:50Z | |
dc.date.issued | 2010-11 | |
dc.identifier.uri | https://hdl.handle.net/2027.42/78355 | |
dc.description.abstract | Many economic analyses of public policy issues are based upon the life-cycle model of household behavior. The usual formulation omits private intergenerational transfers. This paper considers the possibility of a more sophisticated formulation that includes the latter. We examine 1992-2008 HRS data on inheritances and inter vivos gifts. We uncover an underreporting problem in the data: a household’s financial respondent often seems to understate transfers from his/her in-laws. Nevertheless, other aspects of the data seem very useful. About 30-40 percent of households eventually inherit. Inheritances seem to reflect a mixture of intentional and accidental bequests, with the latter twice as prevalent. | en_US |
dc.description.sponsorship | Social Security Administration | en_US |
dc.format.extent | 367644 bytes | |
dc.format.mimetype | application/pdf | |
dc.language.iso | en_US | en_US |
dc.publisher | Michigan Retirement Research Center, University of Michigan, P.O. Box 1248, Ann Arbor, MI 48104 | en_US |
dc.relation.ispartofseries | WP 2010-238 | en_US |
dc.subject | WP 2010-238 | en_US |
dc.title | Intergenerational Transfers in the Health and Retirement Study Data | en_US |
dc.type | Working Paper | en_US |
dc.subject.hlbsecondlevel | Population and Demography | |
dc.subject.hlbtoplevel | Social Sciences | |
dc.contributor.affiliationum | University of Michigan | en_US |
dc.contributor.affiliationum | University of Michigan | en_US |
dc.contributor.affiliationumcampus | Ann Arbor | en_US |
dc.description.bitstreamurl | http://deepblue.lib.umich.edu/bitstream/2027.42/78355/1/wp238.pdf | |
dc.owningcollname | Retirement and Disability Research Center, Michigan (MRDRC) |
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