“…Many studies investigated the relationship between the older generation's demographic factors (e.g., age, gender, marital status, education) and upward transfers from the younger generation. Most studies suggest that transfer receivers' age was positively related to financial transfers [1,2,11,15,51,67,78], instrumental transfers [1,2,5,15,19,23,28,35,37,43,51], emotional transfers [2,67,68], and overall transfers [27,31,48,58,62,75]. However, Albuquerque (2014) [10] found little impact of age on the probability of older people's receiving money.…”