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Transfers within a Three Generations Family: When the Rotten Kids Turn into Altruistic Parents
Cremer, Helmuth; Roeder, Kerstin - 2014
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/10010377296
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Transfers within a Three Generations Family: When the Rotten Kids Turn into Altruistic Parents
Cremer, Helmuth; Roeder, Kerstin - Institute for the Study of Labor (IZA) - 2014
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/10010884300
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Rotten Spouses, Family Transfers and Public Goods
Cremer, Helmuth; Roeder, Kerstin - 2014
We show that once interfamily exchanges are considered, Becker's rotten kids mechanism has some remarkable implications that have gone hitherto unnoticed. Specifically, we establish that Cornes and Silva's (1999) result of efficiency in the contribution game amongst siblings extends to a setting...
Persistent link: https://www.econbiz.de/10010333302
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Rotten Spouses, Family Transfers and Public Goods
Cremer, Helmuth; Roeder, Kerstin - Institute for the Study of Labor (IZA) - 2014
We show that once interfamily exchanges are considered, Becker's rotten kids mechanism has some remarkable implications that have gone hitherto unnoticed. Specifically, we establish that Cornes and Silva's (1999) result of efficiency in the contribution game amongst siblings extends to a setting...
Persistent link: https://www.econbiz.de/10010747352
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Sensitivity of Charitable Giving to Realized Income Changes: Evidence from Military Bonuses and the Combined Federal Campaign
Wojtaszek, Carl J.; Kofoed, Michael S. - 2021
The permanent income hypothesis states that agents perfectly smooth consumption given a large, anticipated shock to income. Testing these implications is difficult given the endogenous nature of income and payment timing. We leverage exogenous variation in military bonus size and timing matched...
Persistent link: https://www.econbiz.de/10012882531
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Social Preferences: Fundamental Characteristics and Economic Consequences
Fehr, Ernst; Charness, Gary - 2023
We review the vast literature on social preferences by assessing what is known about their fundamental properties, their distribution in the broader population, and their consequences for important economic and political behaviors. We provide, in particular, an overview of the empirically...
Persistent link: https://www.econbiz.de/10014377103
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Immigration and School Choices in the Midst of the Great Recession
Farré, Lídia; Ortega, Francesc; Tanaka, Ryuichi - 2015
This paper empirically analyzes the effects of immigration on the schooling decisions of natives. We employ household-level data for Spain for years 2000-2012, a period characterized by a large immigration wave and a severe recession. Our estimates reveal that Spanish households responded to...
Persistent link: https://www.econbiz.de/10011307448
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Immigration, Naturalization, and the Future of Public Education
Tanaka, Ryuichi; Farré, Lídia; Ortega, Francesc - 2014
This paper analyzes the effects of immigration on the education system of the receiving country from a political … incorporating a subsidy to private schools, a distinguishing feature of Spain's education system. We calibrate the model to match … key moments of Spain's economy and education system in year 2008, the end of a large episode of immigration. By means of …
Persistent link: https://www.econbiz.de/10010398353
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Immigration and the Political Economy of Public Education: Recent Perspectives
Ortega, Francesc; Tanaka, Ryuichi - 2015
This paper reviews the recent literature on the effects of immigration on the public education of the host country … and the quality of education in these schools. Our review of the literature, which includes both quantitative and …-scale immigration is that it appears to undermine the political support for public education, resulting in a deterioration in the …
Persistent link: https://www.econbiz.de/10010481668
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Immigration, Naturalization, and the Future of Public Education
Tanaka, Ryuichi; Farré, Lídia; Ortega, Francesc - Institute for the Study of Labor (IZA) - 2014
This paper analyzes the effects of immigration on the education system of the receiving country from a political … incorporating a subsidy to private schools, a distinguishing feature of Spain's education system. We calibrate the model to match … key moments of Spain's economy and education system in year 2008, the end of a large episode of immigration. By means of …
Persistent link: https://www.econbiz.de/10010812509