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Inter-generational and intra-generational transfers: international evidence

García, Lucia (2018): Inter-generational and intra-generational transfers: international evidence.

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Abstract

This paper analyses the recent evolution of transfers at an international level to determine how resources are distributed from one generation to another and within same generations. The purpose of our work contributes to understand the link among the exchanges produced in a society and the persistence in economic status. For this purpose, we provide empirical evidence of resource mobility of public and private transfers, asset-based reallocations, level of education and time and monetary transferences among family members. By linking the exchanges in a country with the education transfers from parents to children, results indicate that those societies which have a stronger Welfare State (more public transfers) have more equal opportunities to grow, no matter the socio-economic background of the individual. Furthermore, precarious employment has an impact on the transfers that are carried out within a country. Thus, this paper contributes to the central objective of showing the differences between countries, as a starting-point for policy-makers to improve the situation in those in which there are no equal opportunities, and to improve the transfers of resources in those that, while advanced, still seek for more redistributive policies.

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