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Centre for Policy on Ageing | |
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The role of European welfare states in intergenerational money transfers
— a micro-level perspective | | Author(s) | Niels Schenk, Pearl Dykstra, Ineke Maas |
| Journal title | Ageing and Society, vol 30, part 8, November 2010 |
| Pages | pp 1315-1342 |
| Source | http://www.journals.cambridge.org/aso doi: 10.1017/S0144686X10000401 |
| Keywords | Assets [elderly] ; Parents ; Children [offspring] ; Family relationships ; Social welfare ; Correlation ; Europe. |
| Annotation | The authors use a comprehensive theoretical framework to explain why parents send money to particular children; and they examine whether intergenerational solidarity is shaped by spending on various welfare domains or provisions as a percentage of gross domestic product. The theoretical model at the level of parents and children distinguishes parental resources and children's needs as the factors most likely to influence intergenerational money transfers. Differences in state spending on various welfare domains are then used to hypothesise in which countries children with specific needs are most likely to receive a transfer. For parents, the authors hypothesise in which countries parents with specific available resources are most likely to send a transfer. They use data from the first wave of the Survey of Health and Retirement in Europe (SHARE) to analyse the influence of welfare state provisions on the likelihood of intergenerational transfers in ten European countries. The results indicate that, in line with the authors' expectations, the likelihood of a transfer being made is the outcome of an intricate resolution of the resources (ability) of the parents and the needs of a child. Rather large differences between countries in money transfers were found. The results suggest that, at least with reference to cross-generational money transfers, no consistent differences by welfare state regime were found. (RH). |
| Accession Number | CPA-101022008 A |
| Classmark | JD: SR: SS: DS:SJ: TY: 49: 74 |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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