Family Events and the Timing of Intergenerational Transfers

Abstract

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. This series presents research findings based either directly on data from the German SocioEconomic Panel Study (SOEP) or using SOEP data as part of an internationally comparable data set (e.g. CNEF, ECHP, LIS, LWS, CHER/PACO). SOEP is a truly multidisciplinary household panel study covering a wide range of social and behavioral sciences: economics, sociology, psychology, survey methodology, econometrics and applied statistics, educational science, political science, public health, behavioral genetics, demography, geography, and sport science. Terms of use: Documents inThe decision to publish a submission in SOEPpapers is made by a board of editors chosen by the DIW Berlin to represent the wide range of disciplines covered by SOEP. There is no external referee process and papers are either accepted or rejected without revision. Papers appear in this series as works in progress and may also appear elsewhere. They often represent preliminary studies and are circulated to encourage discussion. Citation of such a paper should account for its provisional character. A revised version may be requested from the author directly. AbstractThis research investigates how family events in adult children's lives influence the timing of their parents' financial transfers. We draw on retrospective data collected by the German Socio-Economic Panel Study (SOEP) and use event history models to study the effects of marriage, divorce, and childbirth on receiving large gifts from parents. We find increased chances of receiving gifts of houses or land at marriage and in the following years, at childbirth, but not at divorce. Large gifts of money are received in the year of marriage and also in the year of divorce.Our findings, on the one hand, indicate that parental gifts are triggered by adult children's economic need. On the other hand, they point to a plurality of givers' transfer motives and highlight the meanings of different types of wealth for parents, adult children, and their relationships.

The impact of kin support on urbanAmericanIndian families

“…We used data gathered from the baseline because kin support is often most noticeable during and immediately after major life events such as the birth of a child (Leopold & Schneider 2011).We restricted the data to American Indians and non-Hispanic whites. We elected to focus on whites as the comparison group for three reasons.…”

The Legacy of Leaving Home: Long‐Term Effects of Coresidence on Parent – Child Relationships

“…A prominent factor is the gender of the child: Daughters not only leave home earlier than sons (Billari, Philipov, & Baizán, 2001), but they also maintain more frequent contact (Hank, 2007) and exchange more functional support (Rossi & Rossi, 1990) with their older parents. Further important covariates are family‐related factors, such as the birth order of adult children (Sulloway, 1996) and the presence of grandchildren (Hank & Buber, 2009) as well as measures of marital status (Leopold & Schneider, 2011), education, and labor market activity (Sarkisian & Gerstel, 2004) as indicators for a child's need, opportunities, and time constraints.…”

Fewer Siblings, More Wealth? Sibship Size and Wealth Attainment

“…Because the current study mainly draws on a sample of relatively young respondents, wealth attainment from surplus income can be assumed to be the main source of wealth for these respondents. However, limited inter vivos transfers also occur in early adulthood, for instance at marriage (Leopold and Schneider 2011).…”