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capital is an increasing function of the intergenerational degree of altruism. However, while with time transfers the labor … supply of the young increases with the degree of altruism, with bequests it may decrease …
Persistent link: https://www.econbiz.de/10005353313
choice. The analysis identifies altruism as the source of ambiguity in the results. If parents are selfish or the joint …
Persistent link: https://www.econbiz.de/10010267352
We provide a concise introduction to a household-panel data infrastructure that provides the international research community with longitudinal data of private households in Germany since 1984: the German Socio-Economic Panel (SOEP). We demonstrate the comparative strength of the SOEP data in...
Persistent link: https://www.econbiz.de/10014429870
This study estimates the adequacy of retirement wealth of pre-retirement households using a 1995 national sample of households. Retirement wealth is projected using planned retirement age and portfolio allocation. Retirement needs are estimated from expenditure functions, and 52% of the...
Persistent link: https://www.econbiz.de/10012757402
This paper examines the implications of intergenerational transfers of time and money for labor supply and capital accumulation. Although intergenerational transfers of time in the form of grandparenting are as substantial as monetary transfers in the data, little is known about the role and...
Persistent link: https://www.econbiz.de/10005074121
This paper discusses three alternative assumptions concerning household preferences (altruism, self-interest, and a …
Persistent link: https://www.econbiz.de/10010354604
that there are large inter-country differences in the degree of selfishness and altruism, with the Japanese and Chinese … religiosity appear to be the main cause of inter-country differences in the degree of selfishness and altruism. …
Persistent link: https://www.econbiz.de/10010348289
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