The impact of wealth transfers on labour force participation: whole sample, including self-employed
| Family donor | Non-family donor | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inheritance | Gift | Inheritance | Gift | |||||||||
| Coeff. | R.s.e. | P-value | Coeff. | R.s.e. | P-value | Coeff. | R.s.e. | P-value | Coeff. | R.s.e. | P-value | |
| Wealth transfer receipt | 0.0009 | 0.0091 | 0.9230 | −0.0260 | 0.0263 | 0.3240 | −0.0598 | 0.0248 | 0.0160 | −0.0745 | 0.0586 | 0.2040 |
| Wealth transfer amount | −0.0001 | 0.0024 | 0.9730 | −0.0080 | 0.0081 | 0.3260 | −0.0168 | 0.0071 | 0.0180 | −0.0205 | 0.0164 | 0.2110 |
| Wealth transfer amount/income ratio | −0.0002 | 0.0058 | 0.9730 | −0.0225 | 0.0230 | 0.3280 | −0.0376 | 0.0163 | 0.0210 | −0.0648 | 0.0518 | 0.2110 |
| Family donor | Non-family donor | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inheritance | Gift | Inheritance | Gift | |||||||||
| Coeff. | R.s.e. | Coeff. | R.s.e. | Coeff. | R.s.e. | Coeff. | R.s.e. | |||||
| Wealth transfer receipt | 0.0009 | 0.0091 | 0.9230 | −0.0260 | 0.0263 | 0.3240 | −0.0598 | 0.0248 | 0.0160 | −0.0745 | 0.0586 | 0.2040 |
| Wealth transfer amount | −0.0001 | 0.0024 | 0.9730 | −0.0080 | 0.0081 | 0.3260 | −0.0168 | 0.0071 | 0.0180 | −0.0205 | 0.0164 | 0.2110 |
| Wealth transfer amount/income ratio | −0.0002 | 0.0058 | 0.9730 | −0.0225 | 0.0230 | 0.3280 | −0.0376 | 0.0163 | 0.0210 | −0.0648 | 0.0518 | 0.2110 |
Source(s): Own elaborations based on HFCS data