A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Intergenerational transfers in industrialised countries
Abstract Estimates of the direction of net intergenerational transfers for Britain and Japan indicate that they are from younger to older generations. The estimates are similar to those for the USA by Lee and Lapkoff (1988). In the absence of capital dilution effects, because of these transfers, higher fertility would increase lifetime consumption in these countries. The strength of the transfer effect is somewhat higher for Japan than Britain or the USA, primarily because of longer life expectancy among the Japanese.
Intergenerational transfers in industrialised countries
Abstract Estimates of the direction of net intergenerational transfers for Britain and Japan indicate that they are from younger to older generations. The estimates are similar to those for the USA by Lee and Lapkoff (1988). In the absence of capital dilution effects, because of these transfers, higher fertility would increase lifetime consumption in these countries. The strength of the transfer effect is somewhat higher for Japan than Britain or the USA, primarily because of longer life expectancy among the Japanese.
Intergenerational transfers in industrialised countries
Ermisch, John (author)
1989
Article (Journal)
English
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