In this paper, we examine how children care for their elderly parents and the motives of these family transfers …, accounting for interactions between parents and their different children. We study a theoretical model of intergenerational … transfers based on altruism, where siblings care for their parents (a public good). Decisions of upstream assistance are …

This study re-examines the causal relations between money and the two variables, i.e., income and prices. Using annual … causal relations between real money and real income, between nominal money and nominal income, and between nominal money and … prices. The analysis indicates, in general, the long run relationship among money, income, and prices. The analysis further …

This study re-examines the causal relations between money and the two variables, i.e., income and prices. Using annual … causal relations between real money and real income, between nominal money and nominal income, and between nominal money and … prices. The analysis indicates, in general, the long run relationship among money, income, and prices. The analysis further …

the price hikes in the early 1970s. We investigate the casual relations between real money and real income, between … nominal money and nominal income, and between nominal money and prices using using the annual data set from 1959-60 to 2003 … case of income, the study finds the feed back mechanism of money, which is generally missing in the earlier studies …

In this paper, we examine the old-age security hypothesis according to which parents rear children because they expect …, children are usually viewed as a potential source of income and as a time-related support in old age. However, investing in … precautionary motive for the demand for children so that fertility of prudent parents is expected to increase. …