SWITCHING REGRESSION ESTIMATES OF THE INTERGENERATIONAL PERSISTENCE OF CONSUMPTION.

The influential economic theory of intergenerational transfers predicts a negative connection between credit constraints and intergenerational mobility of consumption. Existing work has used bequest receipt to signal a parent's access to credit markets when investing in his children's human capital....

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Publicado en:	Economic Inquiry Vol. 52; no. 4; pp. 1503 - 1525
Autor principal:	GUO, SHENG
Formato:	Artículo
Publicado:	Wiley-Blackwell Oct2014
Materias:	United States Intergenerational relations Human capital Credit Economic mobility Consumption (Economics) Economic status Inheritance & succession Economics
Acceso en línea:	Ver este registro en EBSCOhost