Family transfers with retirement-aged adults in the United States

Verdery, Ashton M., Jonathan Daw, Colin Campbell, and Rachel Margolis. “Family transfers with retirement-aged adults in the United States”. CRR WP 2017-9, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, August 2017. http://hdl.handle.net/2345/bc-ir:107607.
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Abstract

This paper examines transfers of time and money between retirees and their children. It uses data from the Panel Study of Income Dynamics to test whether numbers of children, parent-child wealth differentials, geographic proximity, and gender contribute to racial and ethnic differences in transfers of time and money between retirement-aged adults and their children. Critical components of the analysis include measuring kin availability, the spatial and social embeddedness of family networks, supply as well as demand for transfers, and gender. Key limitations are that we exclude those who have no living family members with whom they could transfer, and we do not examine the role of non-familial transfers.

Title
Family transfers with retirement-aged adults in the United States: Kin availability, wealth differentials, geographic proximity, gender, and racial disparities
Author
Verdery, Ashton M.
Daw, Jonathan
Campbell, Colin
Margolis, Rachel
Center
Center for Retirement Research
Genre
working paper
Date Issued
August 2017
Publisher
Center for Retirement Research at Boston College
Series Title
CRR WP
Series Number
2017-9
Persistent Link
http://hdl.handle.net/2345/bc-ir:107607
Use Restrictions
These materials are made available for use in research, teaching and private study, pursuant to U.S. Copyright Law. The user must assume full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used for academic research or otherwise should be fully credited with the source. The publisher or original authors may retain copyright to the materials.
Subject
Financing Retirement

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