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On the demand for grandchildren: Tied transfers and the demonstration effect

Cox, Donald; Stark, Oded - 2004

transfers to their own parents in order to instill appropriate preferences in their children. This generates a derived demand …. We argue that parents provide help with downpayments in order to encourage the production of grandchildren, and that such … a subsidization emanates from the demonstration effect: a child's propensity to furnish parents with attention and care …

Persistent link: https://www.econbiz.de/10010293715

Status aspirations, wealth inequality, and economic growth

Stark, Oded - 2005

This paper argues that an increase in the inequality of wealth prompts a stronger quest for status that in turn fosters the accumulation of wealth. It proposes a measure for an individual's want of social status. For a given level of a population's wealth, the corresponding aggregate measure of...

Persistent link: https://www.econbiz.de/10010293749

A theory of migration as a response to occupational stigma

Stark, Oded; Fan, C.Simon - 2010

A theory is developed of labor migration that is prompted by a desire to avoid social humiliation. In a general equilibrium framework it is shown that as long as migration can reduce humiliation sufficiently, migration will occur even between two identical economies. Migration increases the...

Persistent link: https://www.econbiz.de/10010294009

Status Aspirations, Wealth Inequality, and Economic Growth

Stark, Oded - 2005

This paper argues that an increase in the inequality of wealth prompts a stronger quest for status that in turn fosters the accumulation of wealth. It proposes a measure for an individual's want of social status. For a given level of a population?s wealth, the corresponding aggregate measure of...

Persistent link: https://www.econbiz.de/10010265917

A theory of migration as a response to occupational stigma

Stark, Oded; Fan, C. Simon - 2009

Drawing on the literature of occupational status and social distance, a theory is developed of labor migration that is prompted by a desire to avoid 'social humiliation.' A closed-economy general equilibrium model that incorporates occupational status and examines the interaction between the...

Persistent link: https://www.econbiz.de/10010271615