Motives for intergenerational transfers: evidence from Malaysia.

Part of a special issue on the demography of aging. The writers consider a number of hypotheses about reasons for intergenerational transfers within the family. They employ data on time and money transfers between generations in Malaysia, where there is neither Social Security nor Medicare, to exa...

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Published in:Demography Vol. 34; pp. 115 - 135
Main Authors: Lillard, Lee A., Willis, Robert J.
Format: Article
Published: Springer Science & Business Media B.V. February 1997
Subjects:
Online Access:View this record in EBSCOhost
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        atl: Motives for intergenerational transfers: evidence from Malaysia.
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          Lillard, Lee A.
          Willis, Robert J.
      su:
        Economic conditions of older people
        Intergenerational relations
        Economics
        Families
        Malaysia
      sug:
        subj:
          Malaysia
          Economic conditions of older people
          Intergenerational relations
          Economics
          Families
      ab: Part of a special issue on the demography of aging. The writers consider a number of hypotheses about reasons for intergenerational transfers within the family. They employ data on time and money transfers between generations in Malaysia, where there is neither Social Security nor Medicare, to examine these hypotheses empirically. They discover evidence supporting the hypotheses that children are an important source of old age security and that old age security is, in part, children's recompense for parental investments in their education. They reveal that this repayment is partly a function of the children's income and, in the case of females, a function of their spouse's income. In addition, their findings support the hypothesis that parents and children take part in the exchange of time help for money.
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    language: English
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