Over Time Dynamics of Monetary Intergenerational Exchanges

TitleOver Time Dynamics of Monetary Intergenerational Exchanges
Publication TypeJournal Article
Year of Publication2009
AuthorsSheng, X, Killian, TS
JournalJournal of Family and Economic Issues
Volume30
Issue3
Pagination268-281
Call Numbernewpubs20090908_Sheng-Killian.pdf
KeywordsAging, Families, intergenerational, Transfers
Abstract

Using data from 9,674 individuals in three waves of the Health and Retirement Study, we used three latent-class transition models to predict the probabilities of monetary transfers that study participants made to adult children and received from their adult children over a 6-year period of time, from 1998 to 2002. Generally, we found a high degree of stability in over time transition patterns. Whereas time invariant predictor variables (i.e., age, race, and gender) were related to the probabilities of transfers in Wave 1 of the study, these variables were not predictive of over time changes. Only changes in marital status were consistently related to intergenerational exchanges of monetary resources over time.

DOI10.1007/s10834-009-9159-6
Endnote Keywords

Intergenerational Transfers/Marital Status

Endnote ID

20870

Citation Key7352