This article considers the question of how the law should treat voluntary transfers of property from aging parents to their children. Such transfers are increasingly common in our society and may be part of an informal family agreement in which the children agree to provide and care for their...

We introduce the perspective of identity economics to a formal model of rational choice of private transfers to examine the impact of geographical proximity on optimal time and money transfers within and outside of families. We argue that identities affect private transfers through the...

Understanding the drivers of wealth transfers during life is crucial to understanding the intergenerational transmission of inequality, the optimal design of social insurance, and the efficacy of expansionary fiscal policy. To shed light on this, we analyse the relationships between giving and...