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Intergenerational Transfers of Time and Money in Scandinavian Welfare States

Mastrovito, Elisabeth LU (2010) NEKM01 20101
Department of Economics
Abstract
The purpose of this thesis is to study the incidence and size of financial and time transfers across generations in Scandinavia and look for any common determinants of transfer patterns. The study is based on two different theoretical models studying slightly different views on intergenerational transfer behaviour. By using cross-sectional data from the 2nd wave of the SHARE database (2006/2007) binary and linear regression models are performed with the amount or binary outcome of financial or time transfer used as a dependent variable. The empirical results show that for both financial and time transfers the explanatory variables linked to the monetary status of the donor (and the recipient in the financial transfer model) are significant... (More)
The purpose of this thesis is to study the incidence and size of financial and time transfers across generations in Scandinavia and look for any common determinants of transfer patterns. The study is based on two different theoretical models studying slightly different views on intergenerational transfer behaviour. By using cross-sectional data from the 2nd wave of the SHARE database (2006/2007) binary and linear regression models are performed with the amount or binary outcome of financial or time transfer used as a dependent variable. The empirical results show that for both financial and time transfers the explanatory variables linked to the monetary status of the donor (and the recipient in the financial transfer model) are significant determinants of both the probability and the amount of money or time transferred. Furthermore, the results indicate that slightly different explanations for both financial and time transfers are significant depending on whether you look at the propensity to transfer or at the amount transferred. (Less)
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author
Mastrovito, Elisabeth LU
supervisor
organization
course
NEKM01 20101
year
type
H1 - Master's Degree (One Year)
subject
keywords
Intergenerational transfers, Scandinavia, Gary Becker, Oded Stark, logit, OLS
language
English
id
1668966
date added to LUP
2010-09-13 10:41:54
date last changed
2010-09-13 10:41:54
@misc{1668966,
  abstract     = {{The purpose of this thesis is to study the incidence and size of financial and time transfers across generations in Scandinavia and look for any common determinants of transfer patterns. The study is based on two different theoretical models studying slightly different views on intergenerational transfer behaviour. By using cross-sectional data from the 2nd wave of the SHARE database (2006/2007) binary and linear regression models are performed with the amount or binary outcome of financial or time transfer used as a dependent variable. The empirical results show that for both financial and time transfers the explanatory variables linked to the monetary status of the donor (and the recipient in the financial transfer model) are significant determinants of both the probability and the amount of money or time transferred. Furthermore, the results indicate that slightly different explanations for both financial and time transfers are significant depending on whether you look at the propensity to transfer or at the amount transferred.}},
  author       = {{Mastrovito, Elisabeth}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Intergenerational Transfers of Time and Money in Scandinavian Welfare States}},
  year         = {{2010}},
}