Arrondel, Luc; Masson, André - In: Handbook of the economics of giving, altruism and …, (pp. 971-1053). 2006
Most models of family transfers consider only two generations and focus on two motives: altruism and exchange. They also assume perfect substitution between inter vivos financial transfers and bequests to children. On the contrary, this survey of recent developments in the literature emphasizes...