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

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 …

mixture of true and coerced altruism between family members. We model families as pairs of siblings. Each sibling exerts … actuarially fair formal insurance. We show that coerced family altruism reduces individual efforts in equilibrium. However … a certain degree of coerced family altruism is robust as a social norm in a society of selfish individuals. Finally, we …

, technological growth, the time-preference discount rate, the relative risk aversion, the production function, and the degree of … altruism. A fall in the population growth rate, even to negative values, will imply a reduction of the interest rate and an …