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We present and test the idea that bequest planning is linked with the experience of inheriting. We consider "a family tradition of bequeathing" as a channel through which the intention to bequeath is molded by and is positively correlated with the experience of inheriting. We use data from the...
Persistent link: https://www.econbiz.de/10011349415
I study attitudes towards risk taking in cases where a person relates to others positively, namely altruistically. This study is needed because it is unclear how altruism influences the inclination of an altruistic person to take risks. Will this person's risk-taking behavior differ if the...
Persistent link: https://www.econbiz.de/10014394252
We weave together care-giving, gender, and migration. We hypothesize that daughters who are mothers have a stronger incentive than sons who are fathers to demonstrate to their children the appropriate way of caring for one's parents. The reason underlying this hypothesis is that women on average...
Persistent link: https://www.econbiz.de/10011814121
We study the joint role of altruism and impatience, and the impact of evolution in the formation of long-term time preferences and in the determination of optimal consumption and optimal bequests. We show how the consumption paths of dynasties relate to altruism and to impatience, and we reason...
Persistent link: https://www.econbiz.de/10010323625
Persistent link: https://www.econbiz.de/10001628030
Die Studie untersucht die gemeinsame Rolle von Altruismus und Ungeduld sowie den Einfluss der Evolution während der …, wie Konsumpfade von Dynastien mit Altruismus und Ungeduld verknüpft sind, und folgern daraus, dass länger lebende … Dynastien einen höheren Grad an Altruismus und ein geringeres Ausmaß an Ungeduld aufweisen als kurzlebige Dynastien. …
Persistent link: https://www.econbiz.de/10011578809
We propose a new microeconomic explanation for the divergent experiences of economies in forming human capital. We suggest that the positive effect of a longer life expectancy on human capital formation arises from two separate effects: a life expectancy effect and a prolonged intergenerational...
Persistent link: https://www.econbiz.de/10010323586
Persistent link: https://www.econbiz.de/10010323614
An increase in the probability of work abroad, where the returns to schooling are higher than at home, induces more individuals in a developing country to acquire education, which leads to an increase in the supply of educated workers in the domestic labor market. Where there is a sticky...
Persistent link: https://www.econbiz.de/10010323649
In this paper we study the impact of the international migration of unskilled workers on skill formation and the average skill level in the home country. We analyze what appears to be the least threatening scenario from the point of view of its effect on the supply of skills at home: namely,...
Persistent link: https://www.econbiz.de/10010323656