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The aim of this article is to identify the main determinants of Italians’ leaving-home decisions. We use data from the Survey of Household Income and Wealth (SHIW) by the Bank of Italy. The empirical study is performed by cross-section probit and panel-probit estimation. Contrary to the...
Persistent link: https://www.econbiz.de/10010820084
In this paper, we characterize the relationship between the initial distribution of human capital and physical inheritances among individuals and the long-run distribution of these two variables. In a model with indivisible investment in education, we analyze how the initial distribution of...
Persistent link: https://www.econbiz.de/10010547299
In this paper, we characterize the relationship between the initial distribution of human capital and physical inheritances among individuals and the long-run distribution of these two variables. In a model with indivisible investment in education, we analyze how the initial distribution of...
Persistent link: https://www.econbiz.de/10010594608
altruism. A fall in the population growth rate, even to negative values, will imply a reduction of the interest rate and an …
Persistent link: https://www.econbiz.de/10005144543
transfers may be driven not only by altruism, but also by exchange considerations. We use data from the Survey of Health, Ageing … from parents to children and time transfers from children to parents, the empirical evidence rejects pure altruism in favor …
Persistent link: https://www.econbiz.de/10010534871
intergenerational altruism among Italian households. The Italian socio-economic framework represents an interesting ground to test for … altruism. Further, I evaluate how restrictive is the assumption of a zero correlation between the clan’s Euler errors and the …
Persistent link: https://www.econbiz.de/10008596375
which transfers may be driven not only by altruism, but also by exchange considerations. We use data from the Survey of … transfers from parents to children and time transfers from children to parents, the empirical evidence rejects pure altruism in …
Persistent link: https://www.econbiz.de/10010865077
We examine the role of altruism in determining optimal transfers from a principal (a mother) to selfish agents (her … exchange motive for transfers in the symmetric informational regime we study. However, both altruism and exchange are important … motives under asymmetric information. We show that altruism facilitates transfer-attention exchange arrangements with certain …
Persistent link: https://www.econbiz.de/10005622241
This paper discusses three alternative assumptions concerning household preferences (altruism, self-interest, and a …
Persistent link: https://www.econbiz.de/10010778610
Persistent link: https://www.econbiz.de/10009150390