How economic development affects intergenerational earnings elasticity is not well-documented. In this paper, we estimate intergenerational earnings elasticities between fathers and sons in two periods. In the current period, 2005–2010, Taiwan is already a developed economy with slower...

This paper investigates to what extent assortative mating contributes to intergenerational earnings persistence. I use an errors-in-variables model to demonstrate how pooling of partners' "potential" earnings affects intergenerational earnings persistence, and simulate persistence under...

This paper analyzes the relationship between parents' time devoted to housework and the time devoted to housework by their children. Using data from the Multinational Time Use Study for the UK, we find positive intergenerational correlations in housework for both parents, indicating that the...

Classified broadly, two motives for intra-family transfers exist: altruism and selfishness. This paper examines two selfish hypotheses − the exchange motive (strategic bequest motive)and the demonstration effect − using a new Japanese micro data set. My analysis of the determinants of...

One of the most marked demographic trends observed over the twentieth century is the increased rate of divorce. Relatively little research, however, has explored the effects of these changing marital patterns in the context of an aging society. Using a sample of elderly parents and their adult...

This paper investigates how households of various demographic compositions are involved in private intergenerational transfers in Russia. The authors provide a descriptive analysis of private exchanges using household surveys. The Russian Longitudinal Monitoring Survey—Higher School of...

The literature on inter vivos and intergenerational transfers has largely focused on the possible determinants of such transfers. Specifically, much of the empirical work has examined whether transfers are driven by altruistic relationship between "dynastic" households. However, the empirical...

The early contributions to the microeconomic literature assume that only market goods yield utility, and that the only way adults can secure the consumption of these goods in old age is by saving. The more recent contributions recognize, however, that the elderly derive utility also from goods...

This chapter examines the scope for mutually beneficial intergenerational cooperation, and looks at various attempts to theoretically explain the emergence of norms and institutions that facilitate this cooperation. The contributions reviewed come from branches of economics as far apart as...