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and shows that the insistence by workers that firms act with a minimal level of altruism can be a source of dampened wage … responses. The paper also considers a setting where this minimal level of altruism is subject to fluctuations and shows that …
Persistent link: https://www.econbiz.de/10012464892
teenagers do not. The evidence is strongly consistent with the child-cycle pattern. Thus, while altruism drives some giving, the …
Persistent link: https://www.econbiz.de/10012465501
an anonymous treatment where neither player is told at the end of the experiment which decision was selected for payment … future. We can decompose altruistic preferences into baseline altruism towards any partner and directed altruism towards … friends. Decision makers vary widely in their baseline altruism, but pass at least 50 percent more surplus to friends compared …
Persistent link: https://www.econbiz.de/10012465518
achieved through the incorporation of altruism and fertility in "value of life" type of framework. We are able to express … intergenerational welfare comparisons. We show that, by incorporating altruism and fertility into the analysis, the estimated welfare …
Persistent link: https://www.econbiz.de/10012465820
For an economy with altruistic parents facing productivity shocks, the optimal estate taxation is progressive: fortunate parents should face lower net returns on their inheritances. This progressivity reflects optimal mean reversion in consumption, which ensures that a long-run steady state...
Persistent link: https://www.econbiz.de/10012466061
altruism seems to motivate many public subsidies such as Medicaid in the US. We stress that standard remedies to the two …
Persistent link: https://www.econbiz.de/10012466741
Several important empirical studies (e.g., Altonji, Hayashi, and Kotlikoff, 1992, 1996, 1997) find that households are not altruistically-linked in a way consistent with the standard Ricardian model, as put forward by Barro (1974). We build a two-sided altruistic-linkage model in which private...
Persistent link: https://www.econbiz.de/10012469864
that it is not of dominant importance even in Japan, and conversely, that the altruism model is far more applicable in the …
Persistent link: https://www.econbiz.de/10012470139
. I show that, even if the degree of altruism is small, direct democracy leads to commercial policies that are biased …
Persistent link: https://www.econbiz.de/10012470754
In the United States, more than two-thirds of decedents with multichild families divide their estates exactly equally among their children. In contrast, intra vivos gifts are usually unequal. These findings challenge the validity of existing theories regarding the determination of...
Persistent link: https://www.econbiz.de/10012470959