Intergenerational Transfers, Borrowing Constraints and the Timing of Home Ownership.

The 1991 Italian Survey of Household Income and Wealth contains detailed retrospective information on major bequests and gifts received by each member of the household. This information is used to estimate the share of intergenerational transfers in total welath and to relate this share to households' characteristics. Gifts and bequests represent between 25 and 36 percent of total net worth.

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Year of publication:	1996
Authors:	Guiso, L. ; Jappelli, T.
Institutions:	Banca d'Italia
Subject:	HOUSING \| HOUSEHOLD

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Series:	Banca Italia - Servizio di Studi.
Type of publication:	Book / Working Paper
Notes:	74 pages
Classification:	D10 - Household Behavior and Family Economics. General ; D19 - Household Behavior and Family Economics. Other ; L80 - Industry Studies: Services. General ; L85 - Real Estate Services
Source:	RePEc - Research Papers in Economics

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