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Intergenerational altruism and transfers of time and money: a life cycle perspective
Bolt, Uta; French, Eric; Hentall-MacCuish, Jamie; … - 2023
Parental investments significantly impact children's outcomes. Exploiting panel data covering individuals from birth to retirement, we estimate child skill production functions and embed them into an estimated dynastic model in which altruistic mothers and fathers make investments in their...
Persistent link: https://www.econbiz.de/10014480401
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Post Mortem Reputation, Compensatory Gifts and Equal Bequests
Lundholm, Michael; Ohlsson, Henry - 1999
The empirical evidence suggests that parents use inter vivos gifts (i.e., transfers of tangible and financial property) to compensate less well off children whereas post mortem bequests are divided equally among siblings. We study a theoretical model assuming, first, that the amounts given is...
Persistent link: https://www.econbiz.de/10010321811
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Compensatory Inter Vivos Gifts
Hochguertel, Stefan; Ohlsson, Henry - 2007
This discussion paper led to a publication in href=http://onlinelibrary.wiley.com/doi/10.1002/jae.1071/fullJournal of Applied Econometrics, 24(6), 993-1023.Parents’ transfer motives are important for understanding, e.g., macroeconomics, income (re)distribution, savings, and public finance....
Persistent link: https://www.econbiz.de/10010325497
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Altruism, Fertility, and the Value of Children: Health Policy Evaluation and Intergenerational Welfare
Birchenall, Javier A.; Soares, Rodrigo R. - 2007
achieved through the incorporation of altruism and fertility in a “value of life” type of framework. We are able to express … intergenerational welfare comparisons. We show that, by incorporating altruism and fertility into the analysis, the estimated welfare …
Persistent link: https://www.econbiz.de/10011807361
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Parenting with style: Altruism and paternalism in intergenerational preference transmission
Doepke, Matthias; Zilibotti, Fabrizio - 2012
We construct a theory of intergenerational preference transmission that rationalizes the choice between alternative … altruism towards children. They can affect their children's choices via two channels: either by influencing their preferences …
Persistent link: https://www.econbiz.de/10010316863
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The Sustainability of the Pay-as-you-go System with Falling Birth Rates
van Praag, Bernard M.S.; Cardoso, Pedro - 2002
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/10010324743
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Motives for Household Private Transfers in Burkina Faso
Kazianga, Harounan - 2004
Resource transfers among households have received considerable interest among economists in recent years. Two of the main reasons for the surge of interest in household transfers are the information on human nature conveyed by transfer behavior and the implication on income redistribution policy...
Persistent link: https://www.econbiz.de/10010369205
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The equal division puzzle - empirical evidence on intergenerational transfers in Sweden
Ohlsson, Henry - 2007
The objective of this paper is to study to what extent parents divide their estates unequally between their children. Unequal sharing of parental transfers is, for example, a necessary condition for theories of altruistic (dynastic) behavior to hold. I use a new data set based on the estate...
Persistent link: https://www.econbiz.de/10010321579
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Altruism and the care of elderly parents: Evidence from Japanese families
Kohara, Miki; Ohtake, Fumio - 2006
. Focusing on the special case of parents' illness, the paper then investigates altruism in Japanese children. Descriptive … care is not motivated entirely by altruism. We show that children provide parental care when their parents are wealthy …
Persistent link: https://www.econbiz.de/10010332292
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Dynasties and destiny: On the roles of altruism and impatience in the evolution of consumption and bequests
Stark, Oded; Falk, Ita - 2001
We study the joint role of altruism and impatience, and the impact of evolution in the formation of long-term time … relate to altruism and to impatience, and we reason that long-lived dynasties will be characterized by a higher degree of … altruism and a lower degree of impatience than short-lived dynasties. …
Persistent link: https://www.econbiz.de/10010323625