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Date
Jun
06
2006

End-of-Life Transfers and the Decision to Care for a Parent

Presenter:

Meta Brown

Authors:

Meta Brown, Mark O. Wilhelm

Chair: Sally Stearns; Discussant: France Priez Tue June 6, 2006 10:45-12:15 Room 326

The largest and most common transfers from parents to children take the form of investments during childhood and early adulthood, while the largest and most common transfers from children to parents occur in parents’ old age. The life-cycle structure of intergenerational transfers poses a challenge for both theoretical and empirical analysis of transfer motives. Hypothesized transfer motives fall into three broad categories: social exchange, two-sided altruism, and role-modeling or demonstration. We use the recently available data from the HRS/AHEAD on both parents’ payment for their children’s college education and children’s supply of attention and informal care during their parents’ old age to investigate the predictions of these three theories. Within-family and within-gender variation in transfers is used to distinguish among them.

ASHEcon

3rd Biennial Conference: Cornell on June 20-23 2010

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The American Society of Health Economists (ASHEcon) is a professional organization dedicated to promoting excellence in health economics research in the United States. ASHEcon is an affiliate of the International Health Economics Association (iHEA). ASHEcon provides a forum for emerging ideas and empirical results of health economics research.