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. Importantly, we find that socio-economic status of a family has no explanatory power as soon as we control for parents' economic …
Persistent link: https://www.econbiz.de/10011798209
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal … 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 …
Persistent link: https://www.econbiz.de/10010370150
parenting styles (related to Baumrind 1967). Parents maximize an objective function that combines Beckerian and paternalistic … altruism towards children. They can affect their children's choices via two channels: either by influencing their preferences … innovation. -- intergenerational preference transmission ; altruism ; paternalism ; entrepreneurship ; innovation …
Persistent link: https://www.econbiz.de/10009683250
minimum altruism, in which child labor in a given family is judged relative to a specific social standard. Under this … criterion, child labor is exploitative only in families where the parent (or guardian) displays insufficient altruism towards …
Persistent link: https://www.econbiz.de/10009756103
sons than for daughters. The documented STEM intergenerational transmission is not driven by liberal profession of parents …
Persistent link: https://www.econbiz.de/10012126090
Paul Samuelson made a series of important contributions to population theory for humans and other species, evolutionary theory, and the theory of age structured life cycles in economic equilibrium and growth. The work is highly abstract but much of it was intended to illuminate issues of...
Persistent link: https://www.econbiz.de/10012027303
daughters, as well as with other economic and socio-demographic variables. We estimate these correlations using data on parents … and children in households surveyed in the eight waves of the European Community Household Panel-ECHP (1994-2001) for 14 … EU countries. To assess the robustness of these correlations, we use siblings in the Panel and we investigate the …
Persistent link: https://www.econbiz.de/10003579987
Persistent link: https://www.econbiz.de/10002121945
the study of interdependent utility in general, and altruism between parents and children in particular. We introduce an … appropriate econometric methodology and, using data from the German Socio-Economic Panel for the years 2000-2002, find that the … parents' self-reported happiness depends positively, albeit not very strongly, on the happiness of adult children who moved …
Persistent link: https://www.econbiz.de/10002615767
to trust other people are transmitted from parents to children. Our evidence is based on survey questions that ask about … the responses of parents and their children. Exploring heterogeneity in the strength of transmission, we find that gender … by parents in terms of risk attitudes. Interestingly, for trust there is no impact of family size or birth order. There …
Persistent link: https://www.econbiz.de/10003481849