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Generational policy is a fundamental aspect of a nation's fiscal affairs. The policy involves redistributing resources across generations and allocating to particular generations the burden of paying the government's bills. This chapter of the second edition of The Handbook of Public Economics...
Persistent link: https://www.econbiz.de/10013231998
This paper examines the bequest\gift behavior of altruistic parents who do not know their children's abilities and … cannot observe their children's work effort. Parents are likely to respond to this information problem by making larger … bequests to higher earning children and by using their transfers implicitly either to tax at the margin low earning children or …
Persistent link: https://www.econbiz.de/10013222309
, however, considered the incomes and preferences of the children of the elderly. This paper presents a model of the joint … living arrangement choice of parents and children. It then uses a new set of data to consider how the preferences and income … positions of the elderly and their children influence the living arrangements of elderly parents. The findings suggest that the …
Persistent link: https://www.econbiz.de/10013222644
This paper uses matched data on the elderly and their children to study the provision of time by children to the …, and the children's age, health, and sex. Older parents, less healthy parents, and non-institutionalized parents receive … more time from their children, while younger children, healthier children, and female children provide more time. In …
Persistent link: https://www.econbiz.de/10013240966
's treatment of children vis-a-vis adults, particularly the current elderly. The paper begins by showing that poverty rates of … children have, over the past two decades, risen dramatically while those of the elderly have fallen. Next, it shows that, over …, including children. The paper then turns to the role of government policy in influencing these trends. It documents the high …
Persistent link: https://www.econbiz.de/10013324616
in the cross section or in the analysis using siblings that parental income or wealth raises time transfers from children …
Persistent link: https://www.econbiz.de/10013217207