Black, Sandra E.; Devereux, Paul J.; Landaud, Fanny; … - 2022
Transfers from parents - either in the form of gifts or inheritances - have received much attention as a source of … as the capitalized sum of net labor income, government transfers, and gifts and inheritances received over the period …) accounted for by capitalized gifts and inheritances. We find that gifts and inheritances represent a small share of Total …