The paper re-examines the idea that a family can be viewed as a community governed by a self-enforcing constitution … renegotiation-proof. Second, it introduces parental altruism. The behavioural and policy implications are illustrated by showing the … effects of public pensions and credit rationing. These implications are not much affected by whether altruism is assumed or …

, which can be interpreted as weak evidence for parental altruism. The paper uses data from the German Socio-Economic Panel …

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 …

This paper analyzes how family structure and fertility alter children quality in Colombia. Reduced form models to … outcomes are outlined, revealing that marriage has a positive link with child quality and fertility has a negative link with …

endogenous fertility. In the neoclassical model, habits modify the economy's growth rate and generate transitional dynamics in … fertility; station- ary income per capita is associated with either increasing or decreasing population and output, depending on … fertility: the trade-off between second-period consumption and spending for bequests prompts agents to decrease fertility in …

-enforcing family constitutions. We identify a circumstance in which an agent will behave differently if she is optimizing subject to a … family constitution, than if she is moved by either altruistic or exchange motivations. The circumstance is the presence of a … family constitution exists, but will have the opposite effect if the transfer is either a gift, or payments for services …

We analyze the effects of family ties on the incentives for productive effort. A family is modelled as a pair of … other. We show that altruism has a non-monotonic effect on effort. We study how this effect depends on climate, the … magnitude and volatility of returns to effort. We also analyze the evolutionary robustness of family ties and how this …

Altruism among family members can, in some cases, inhibit cooperation by increasing the utility that players expect to …