discounted values of these responses to permanent income. Our estimates imply that parents pass on between 2 and 3 cents out of …We examine how much of an extra dollar of parental lifetime resources will ultimately be passed on to adult children in … rates and age specific estimates of the response of transfers and wealth to permanent income to compute the expected present …

discounted values of these responses to permanent income. Our estimates imply that parents pass on between 2 and 3 cents out of …We examine how much of an extra dollar of parental lifetime resources will ultimately be passed on to adult children in … rates and age specific estimates of the response of transfers and wealth to permanent income to compute the expected present …

discounted values of these responses to permanent income. Our estimates imply parents pass on between 2 and 3 cents out of an …We examine how much of an extra dollar of parental lifetime resources will ultimately be passed on to adult children in … rates and age specific estimates of the response of transfers and wealth to permanent income to compute the expected present …