Frijters, Paul; Farrell, Lisa; Shields, Michael A. - School of Economics and Finance, Business School - 2002
form of allowances given to children. We consider in a simple model two main competing explanations for the transfer of … money from parents to children in the form of regular allowances, namely altruism and exchange. We also extend the altruism … of an n-shape relationship between a child's external income and the receipt of allowances from parents. Importantly …