دانلود مقاله ISI انگلیسی شماره 99516
ترجمه فارسی عنوان مقاله

اثر ماندگار انتقال ثروت بین نسلی: سرمایه انسانی، تشکیل خانواده و ثروت

عنوان انگلیسی
The lasting effect of intergenerational wealth transfers: Human capital, family formation, and wealth
کد مقاله سال انتشار تعداد صفحات مقاله انگلیسی
99516 2017 40 صفحه PDF
منبع

Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)

Journal : Social Science Research, Volume 68, November 2017, Pages 1-14

پیش نمایش مقاله
پیش نمایش مقاله  اثر ماندگار انتقال ثروت بین نسلی: سرمایه انسانی، تشکیل خانواده و ثروت

چکیده انگلیسی

Recent evidence indicates that inheritances and other intergenerational wealth transfers have only a limited effect on wealth inequality and the intergenerational transmission of financial well-being. In this study, we explore the role that human capital and family formation play in mediating the relationship between receiving a transfer and building wealth. We examine how educational attainment and family formation determine whether or not households are able to convert inheritances into greater assets, facilitating improved wealth accumulation. Using data from the Panel Study for Income Dynamics (PSID), we examine how these factors moderate wealth accumulation trajectories following a bequest or inter vivos gift. Results reveal that educational attainment and marriage each facilitate wealth accumulation following a transfer. Our evidence suggests that cumulative advantage processes produce divergent wealth accumulation trajectories but these are situated in important turning points in the life course.