The impact of wealth transfers on working hours: whole sample
| 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 | −0.0057 | 0.0061 | 0.3440 | −0.0071 | 0.0272 | 0.7930 | 0.0047 | 0.0134 | 0.7250 | 0.0268 | 0.0628 | 0.6690 |
| Wealth transfer amount | −0.0012 | 0.0018 | 0.5130 | −0.0019 | 0.0066 | 0.7760 | 0.0007 | 0.0037 | 0.8560 | 0.0074 | 0.0158 | 0.6410 |
| Wealth transfer amount/income ratio | −0.0031 | 0.0045 | 0.4890 | −0.0055 | 0.0183 | 0.7640 | 0.0017 | 0.0100 | 0.8630 | 0.0268 | 0.0700 | 0.7020 |
| 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 | −0.0057 | 0.0061 | 0.3440 | −0.0071 | 0.0272 | 0.7930 | 0.0047 | 0.0134 | 0.7250 | 0.0268 | 0.0628 | 0.6690 |
| Wealth transfer amount | −0.0012 | 0.0018 | 0.5130 | −0.0019 | 0.0066 | 0.7760 | 0.0007 | 0.0037 | 0.8560 | 0.0074 | 0.0158 | 0.6410 |
| Wealth transfer amount/income ratio | −0.0031 | 0.0045 | 0.4890 | −0.0055 | 0.0183 | 0.7640 | 0.0017 | 0.0100 | 0.8630 | 0.0268 | 0.0700 | 0.7020 |
Source(s): Own elaborations based on HFCS data