@unpublished{BurrowsLennartz2021,
  title = {The Timing of Intergenerational Transfers and Household Wealth: Too Little, Too Late?},
  author = {Burrows, Vivien and Lennartz, Chris},
  year = {2021},
  url = {https://research.reading.ac.uk/economics/research/discussion-papers/},
  abstract = {Wealth transfers between family members play an important role in explaining wealth accumulation and wealth inequalities. While part of this is accounted for by the size of the transfer, the timing of the transfer is also likely to be important, reflecting either a cumulative advantage effect or a lifecycle effect. This paper uses data from the Eurosystem Housing Finance and Consumption Survey to analyse how the age at which a transfer was received affects household net wealth and different components of household wealth. We find that the age at which a transfer is received does matter: after controlling for the total value and number of transfers received, receiving a transfer later in life has a negative impact on household net wealth, and this effect appears to operate primarily through housing wealth, and in particular non-HMR property wealth. We then explore the extent to which these effects vary across European countries.},
  keywords = {Cross-National Comparisons,Intergenerational Wealth},
  note = {Unpublished manuscript}
}

{"_id":"eZPAAe5nPECWEFp6t","bibbaseid":"burrows-lennartz-thetimingofintergenerationaltransfersandhouseholdwealthtoolittletoolate-2021","author_short":["Burrows, V.","Lennartz, C."],"bibdata":{"bibtype":"unpublished","type":"unpublished","title":"The Timing of Intergenerational Transfers and Household Wealth: Too Little, Too Late?","author":[{"propositions":[],"lastnames":["Burrows"],"firstnames":["Vivien"],"suffixes":[]},{"propositions":[],"lastnames":["Lennartz"],"firstnames":["Chris"],"suffixes":[]}],"year":"2021","url":"https://research.reading.ac.uk/economics/research/discussion-papers/","abstract":"Wealth transfers between family members play an important role in explaining wealth accumulation and wealth inequalities. While part of this is accounted for by the size of the transfer, the timing of the transfer is also likely to be important, reflecting either a cumulative advantage effect or a lifecycle effect. This paper uses data from the Eurosystem Housing Finance and Consumption Survey to analyse how the age at which a transfer was received affects household net wealth and different components of household wealth. We find that the age at which a transfer is received does matter: after controlling for the total value and number of transfers received, receiving a transfer later in life has a negative impact on household net wealth, and this effect appears to operate primarily through housing wealth, and in particular non-HMR property wealth. We then explore the extent to which these effects vary across European countries.","keywords":"Cross-National Comparisons,Intergenerational Wealth","note":"Unpublished manuscript","bibtex":"@unpublished{BurrowsLennartz2021,\n title = {The Timing of Intergenerational Transfers and Household Wealth: Too Little, Too Late?},\n author = {Burrows, Vivien and Lennartz, Chris},\n year = {2021},\n url = {https://research.reading.ac.uk/economics/research/discussion-papers/},\n abstract = {Wealth transfers between family members play an important role in explaining wealth accumulation and wealth inequalities. While part of this is accounted for by the size of the transfer, the timing of the transfer is also likely to be important, reflecting either a cumulative advantage effect or a lifecycle effect. This paper uses data from the Eurosystem Housing Finance and Consumption Survey to analyse how the age at which a transfer was received affects household net wealth and different components of household wealth. We find that the age at which a transfer is received does matter: after controlling for the total value and number of transfers received, receiving a transfer later in life has a negative impact on household net wealth, and this effect appears to operate primarily through housing wealth, and in particular non-HMR property wealth. We then explore the extent to which these effects vary across European countries.},\n keywords = {Cross-National Comparisons,Intergenerational Wealth},\n note = {Unpublished manuscript}\n}\n\n","author_short":["Burrows, V.","Lennartz, C."],"key":"BurrowsLennartz2021","id":"BurrowsLennartz2021","bibbaseid":"burrows-lennartz-thetimingofintergenerationaltransfersandhouseholdwealthtoolittletoolate-2021","role":"author","urls":{"link":"https://research.reading.ac.uk/economics/research/discussion-papers/"},"keyword":["Cross-National Comparisons","Intergenerational Wealth"],"metadata":{"authorlinks":{}},"downloads":5},"bibtype":"unpublished","biburl":"https://bibbase.org/f/nKAPSyp34A9azBzJd/GCWealthProject_WealthResearchLibrary.bib","dataSources":["Ehs2RwEzf4bZfKzK4","cJJHdqh9t5tR5wpLH","F3pGsndC3BMm5kzaE","t77TCZsnrGgyo6dsY","BCPeddFnrLq82SA2k","2w2tCMfz9tagnuYcn","grHFPbjkekLtP8Rd5","reZhxJTZLXbC6Xb4R","CievPB5mG8TuzbbZ3","XqKxryftLF3GWq6cY","M7of5cge3GPiYqZve","PZFBspX8PwJz5LKpx","ve96mwrzCBBzfBff6","zu77p3c7mn9doiv7C","rGyABhQGe9pcQ9R2W","7X2xHQTrKka5yPvuD","gktz2DotJNwWxzBjM","s55XALJsj7pSgkAJ5","6TRStm8krC6i2nGYe","yda7rYQnmKoN94xAr","hHZFQp7q53h3BYKe8"],"keywords":["cross-national comparisons","intergenerational wealth"],"search_terms":["timing","intergenerational","transfers","household","wealth","little","late","burrows","lennartz"],"title":"The Timing of Intergenerational Transfers and Household Wealth: Too Little, Too Late?","year":2021,"downloads":5}