Showing 1 - 10 of 1,929
cross-dynastic intergenerational altruism, saving for one’s descendants benefits present members of other dynasties. These …
Persistent link: https://www.econbiz.de/10013296272
There is vast heterogeneity in the human willingness to weigh others’ interests in decision making. This heterogeneity concerns the motivational intricacies as well as the strength of other-regarding behaviors, and raises the question how one can parsimoniously model and characterize...
Persistent link: https://www.econbiz.de/10012908656
We provide novel evidence on the linkages between capital taxation and charitable giving on three fronts. First, we use quasi-experimental variation in the annual Norwegian wealth tax to study the effect on how much households give. Inconsistent with the notion that households give more in order...
Persistent link: https://www.econbiz.de/10013291832
We analyze monetary policy in a New Keynesian model with heterogeneous firms and financial frictions. Firms differ in their productivity and net worth and face collateral constraints that cause capital misallocation. TFP endogenously depends on the time-varying distribution of firms. Although a...
Persistent link: https://www.econbiz.de/10013311708
We study the importance of the extended family – the dynasty – for the persistence in inequality across generations. We use data including the entire Swedish population, linking four generations. This data structure enables us to identify parents’ siblings and cousins, their spouses, and...
Persistent link: https://www.econbiz.de/10012871027
Can social norms affect fundamental patterns of behavior such as income effects? Studies of determinants of giving to charities and other individuals yield a wide range of income-effect estimates. We conduct two experiments to first test whether the effect of income on charitable giving depends...
Persistent link: https://www.econbiz.de/10012858205
Guided by Bem’s (1972) self-perception theory, we design an experiment to ask whether morally-motivated behaviour, e ….g., charitable giving, is history-dependent. Using a popular policy nudge, the default option, we exogenously vary altruism “now” and … show that giving “now” causes a 66%- 200% increase in the probability of giving “later”; that is, altruism begets altruism …
Persistent link: https://www.econbiz.de/10013307773
and effort choices, in these three jobs, to preferences for altruism and morality that are structurally estimated. The … predictions are tested in pre-registered experiments. We also estimate proxies for altruism/morality from the dictator … corrupt public sector job. The effects of altruism on occupational choice are subtle, but altruism positively influences the …
Persistent link: https://www.econbiz.de/10014264441
jointly elicit risk preferences and preferences for altruism. Consistent with theory, we find that the standard simplifying … assumptions about risk preferences lead to significantly biased estimates of altruism. This is particularly problematic when … comparing altruism across relevant sub-groups, such as gender and wealth, leading to possibly erroneous conclusions about which …
Persistent link: https://www.econbiz.de/10014243683
We experimentally study decentralized one-to-one matching markets with transfers. We vary the information available to participants, complete or incomplete, and the surplus structure, supermodular or submodular. Several insights emerge. First, while markets often culminate in efficient...
Persistent link: https://www.econbiz.de/10013250740