Cremer, Helmuth; Roeder, Kerstin - Volkswirtschaftliche Fakultät, … - 2014
care provided to their parents and education expenditures for their children. The young enjoy their education, while the … period and that parents invest in the education of their children. We show that Becker’s rotten kids theorem holds for the … single period game in that informal aid is set according to an efficient rule. However, education is distorted upwards. In …