Documents intergenerational transfer 43 results

"At the beginning of the twenty-first century, intergenerational relations remain a key aspect of the future development and sustainability of the European social model. In the present paper, patterns of intergenerational support and the main driving factors behind individuals' transfer behavior are explored. In particular, the data form the Survey of Health, Ageing, and Retirement in Europe are utilized to shed light on the main factors behind the likelihood and intensity of social support, and financial help provided to and received from other family members by ageing and elderly Europeans. The analysis also takes into consideration patterns and factors correlated with grandparenting activities. Finally, special attention is devoted to the condition of those individuals who are sandwiched between care obligations toward their elderly parents and young adult children. It is shown that the likelihood of the exchange of support between family generations is highest in Scandinavian countries and lowest in Southern Europe. The intensity of support follows an opposite North-South gradient. In addition, relevant gender-related inequalities are documented. In general, time-demanding support obligations are more likely to fall on the shoulders of women in the early stage of their later life, while mainly benefitting elderly men."

"This paper provides comprehensive cross-country evidence on the relationship between earnings inequality and intra-generational mobility by simulating individual earnings and employment trajectories in the long-term using short panel data for 24 OECD countries. On average across countries, about 25% of earnings inequality in a given year evens out over the life cycle as a result of mobility. Moreover, mobility is not systematically higher in countries with more earnings inequality in general. However, a positive and statistically significant relationship is found only in the bottom of the distribution. This reflects the role of mobility between employment and unemployment and not that of mobility up and down the earnings ladder."

"This study tests whether individuals who grow up with parents on welfare benefits are themselves more (or less) likely to be welfare recipients as young adults, compared to individuals who grow up in non-welfare households. Using detailed register-based information on full Swedish cohorts born in 1982 and 1983 and their parents, we estimate the intergenerational correlation in welfare benefit receipt. The results indicate a strong positive correlation, even after we control for a large set of household level and parental characteristics. The correlation is particularly strong for children who are exposed to parental welfare benefit spells during their late teenage years. We then make use of the sibling difference method to control for unobserved heterogeneity, and thus identify causal effects. This sibling analysis provides no support for a causal effect of parents' welfare benefit receipt on children's future welfare use. The lack of evidence for a causal intergenerational effect might be due to the fact that the sibling method can only be applied to short-term welfare spells. Whether the effect looks different for long-term spells is an interesting topic for future research, but one that cannot be investigated using the sibling method."

"Economic studies usually assess the link between parental background and off spring's incomes without distinguishing the effects that family background may have upon educational attainment and upon occupation and earnings, independently from education. The persistency of income inequality across generations is then usually imputed to the reduced investment in human capital of individuals coming from disadvantaged backgrounds. In fact, a clear distinction between the family background effect on education attainment and then earnings (i.e. the ‘indirect effect') and that on labour market achievements but independent of education (i.e. the ‘direct effect') should be provided to disentangle intergenerational inequality across countries. In this article, we use the 2011 wave of EU-SILC and, clustering countries according to the usual four-group geographical classification (Nordic, Continental, Anglo-Saxon and Southern countries), ask whether different levels of intergenerational inequality are related to different roles played by indirect and direct channels of influence of family background on children's outcomes. We also find clear differences among the European welfare regimes regarding mechanisms of intergenerational inequality transmission."

"This study analyses gender differences in the intergenerational earnings mobility of second-generation migrants in Germany. Thereby it takes into account the influence of assortative mating and the parental integration. First, intergenerational earnings elasticities are estimated at the mean and along the earnings distribution. The results do not reveal large differences in the mobility — neither between natives and migrants nor between men and women. Second, intergenerational changes in the relative earnings position are analysed. These results confirm that migrants are mostly as (im)mobile as the native population."