This study investigates price and time-on-market effects of estate sales of houses versus typical housing transactions using a sample of 180,921 sold properties. The hypothesis that estate sales sell at a discount and sell more quickly than typical houses is supported by the empirical results....

Family farm management is often transferred separately from farm ownership. This article determines the impact of variables affecting management transfer decisions. Agricultural Resource Management Survey data are used to investigate variable impacts. Results indicate operator demographics,...

The second “Family and Lifestyle Survey” is a registered consumer tester-based survey designed to collect information about (1) the basic attributes, education, job history, and quality of life of households in Japan; (2) household receipts of gifts and inheritances; (3) household income and...

I examine motives behind interhousehold upstream transfers using a sample of child-parent pairs in South Korea. The estimation results indicate that upstream transfers in Korea cannot be explained by just one motive. I find evidence that altruism is the dominant motive at the margin if parental...

Majority voting outcomes over different immigration levels of lowskilled workers are examined in a two-period overlapping-generation model in which the labour market and intra- and intergenerational transfer schemes translate the impact of immigration into preferences of heterogeneous citizens....

Participation rates for farm women in off-farm labor markets continue to increase, as does their participation in making major farm decisions such as whether to buy or sell land, adopt a new production practice or invest in farm equipment. Data from the Survey of U.S. Farm Women conducted in...

The main aim of this paper is to assess how parents' literacy and numeracy affect the cognitive skill of their children. The data used are from the British Cohort Survey (BCS) which provides in 2004 basic skill assessments for all cohort members and cognitive tests for their children. We find...

To consider the policy event of a gift tax reduction earmarked for housing acquisition, the interdependence of parental gifts and children's housing investments is modeled, considering an informal care issue behind such decision making. The empirical results, which use a sample of households who...