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Transfers within a Three Generations Family : When the Rotten Kids Turn into Altruistic Parents
Cremer, Helmuth; Roeder, Kerstin - 2021
care provided to their parents and education expenditures for their children. The young enjoy their education, while the … period and that parents invest in the education of their children. We show that Becker’s rotten kids theorem holds for the … old may leave a bequest to their children. Within each period the three generations play a "game" inspired by Becker …
Persistent link: https://www.econbiz.de/10013315590
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Intergenerational Transmission of Skills During Childhood and Optimal Public Policy
Casarico, Alessandra; Micheletto, Luca; Sommacal, Alessandro - 2021
that a public policy that disregards the effects of parental time on children's human capital entails a welfare loss that …
Persistent link: https://www.econbiz.de/10013316071
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Social Capital and the Status Externality
Itaya, Jun-ichi - 2018
This paper investigates how the presence of social capital affects the externality arising from status-seeking preference as a parable for inefficient antagonistic behavior. It is assumed that the stock of social capital is accumulating through joint social interaction between rational...
Persistent link: https://www.econbiz.de/10012927000
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On the Desirability of Taxing Charitable Contributions
Blumkin, Tomer - 2007
We develop a model that allows for public goods and status signaling through charitable contributions. This model provides a unified framework in which contributions are driven both by altruism and status signaling. We use this setup to re-examine the conventional practice of rendering a...
Persistent link: https://www.econbiz.de/10012777729
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Status-Seeking in Criminal Subcultures and the Double Dividend of Zero-Tolerance
Dur, Robert - 2006
This paper offers a new argument for why a more aggressive enforcement of minor offenses ('zero-tolerance') may yield a double dividend in that it reduces both minor offenses and more severe crime. We develop a model of criminal subcultures in which people gain social status among their peers...
Persistent link: https://www.econbiz.de/10012779694
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A Theory of Socioeconomic Disparities in Health Over the Life Cycle
Galama, Titus J.; van Kippersluis, Hans - 2010
Understanding of the substantial disparity in health between low and high socioeconomic status (SES) groups is hampered by the lack of a suffciently comprehensive theoretical framework to interpret empirical facts and to predict yet untested relations. We present a life-cycle model that...
Persistent link: https://www.econbiz.de/10014192101
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The Political Economy of Post-Compulsory Education Policy with Endogenous Credit Constraints
Anderberg, Dan - 2008
Altruistic parents, who differ in income, make financial transfers to their children, who differ in ability. The … two policy tools: a subsidy to those who participate in education and a proportional income tax. Not all children … participate; a larger subsidy encourages participation, and a larger income tax discourages it. The parents, prior to making …
Persistent link: https://www.econbiz.de/10012771859
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Taxation and Parental Time Allocation Under Different Assumptions on Altruism
Casarico, Alessandra - 2014
reduction in parental time devoted to children, which modifies their human capital accumulation process. We show that the result … critically depends on the assumptions on the altruistic motives behind the choice of devoting time to children …
Persistent link: https://www.econbiz.de/10013055994
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Voluntary Participation and Intergenerational Risk Sharing in a Funded Pension System
Beetsma, Roel M. W. J. - 2011
We explore the feasibility of a funded pension system with intergenerational risk sharing when participation in the system is voluntary. Typically, the willingness of the young to participate depends on their belief about the future young's willingness to do so. We characterise equilibria with...
Persistent link: https://www.econbiz.de/10013128294
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Combining Rights and Welfarism : A New Approach to Intertemporal Evaluation of Social Alternatives
Van Long, Ngo - 2013
We propose a new criterion which reflects both the concern for welfare (utility) and the concern for rights in the evaluation of economic development paths. The concern for rights is captured by a pre-ordering over combinations of thresholds (floors or ceilings on various quantitative...
Persistent link: https://www.econbiz.de/10013091469