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Recent theoretical work shows that precautionary savings increase in response to an increase in first-order risk. In addition, it is known that the welfare state, being an insurance or consumption-smoothing mechanism, reduces the negative welfare effect of future income uncertainty. We build a...
Persistent link: https://www.econbiz.de/10011300358
This paper advances and empirically establishes the idea that altruism is an important determinant of individual …
Persistent link: https://www.econbiz.de/10011566488
Middle Eastern and North African (MENA) economies have had the highest degree of dependency on received remittances worldwide over the last three decades. The region has also had the highest non-oil external trade balance deficit among developing countries. We examine the role of remittances in...
Persistent link: https://www.econbiz.de/10011557898
, parental altruism makes withdrawal of such support non-credible. To promote work effort, parents may want to instill norms …
Persistent link: https://www.econbiz.de/10011398913
implications. In particular, we show that the rotten kids mechanism combined with a contribution game to a household public good … "linked" by the young spouses. Children contribute part of their time to a household (couple) public good and provide … wealth differences the mechanism has been supplemented by a (mandatory) transfer that brings them back into the relevant …
Persistent link: https://www.econbiz.de/10010252137
Altruists and envious people who meet in contests are symbionts. They do better than a population of narrowly rational individuals. If there are only altruists and envious individuals, a particular mixture of altruists and envious individuals is evolutionarily stable.
Persistent link: https://www.econbiz.de/10011514081
Extensive research in economics explores generosity in monetary allocations. However, generosity often involves the allocation of non-monetary goods or experiences. Existing evidence suggests that generosity may be higher in such contexts, though no direct comparison exists. Here, we compare...
Persistent link: https://www.econbiz.de/10010496913
-interest, providing strong evidence for pocketbook voting. However, social preferences like altruism, public good considerations and …
Persistent link: https://www.econbiz.de/10010496966
: "altruism" and "appreciation". We test our theoretical model's predictions by matching attitudes reported in the British Social …
Persistent link: https://www.econbiz.de/10012668262
-Economic Panel Study, which contains data on self-reported altruism, sector of employment, and donations to charity for more than 7 …
Persistent link: https://www.econbiz.de/10011672030