This paper discusses three alternative assumptions concerning household preferences (altruism, self-interest, and a …

The selfish life-cycle model or hypothesis is, together with the dynasty or altruism model, the most widely used …

prevalence of bequests, bequest motives, tests of altruism, and the importance of borrowing (liquidity) constraints and show that …

or the exchange motive (much stronger than in the United States), but we find that their caregiving behavior is also … heavily influenced by the strength of their altruism toward their parents and social norms. …

that their caregiving behavior is also heavily influenced by the strength of their altruism toward their parents and social …

-cycle model as well as saving motives that are consistent with the altruism model are important in Europe implies that the two … suggests that this model is far more applicable in Europe than is the altruism model. Moreover, our finding that the … intergenerational transfers motive, which is the saving motive that most exemplifies the altruism model, accounts for only about one …

transfer. In a second model, altruism is impure as the parents want the child to behave in a certain way: exchange and … mechanisms. Firstly, in the so-called pure altruism model, the parent's utility is augmented by the utility of his child. This …. Tests usually conclude that the income pooling predicted by pure altruism is not observed, but family transfers are also far …

altruism. A fall in the population growth rate, even to negative values, will imply a reduction of the interest rate and an …

the degrees of filial and parental altruism and adjust them with their respective life expectancy and fertility rates. The … altruism than those in the other countries. Our welfare analyses reveal that the developing Asian countries must introduce more … filial altruism will trap the developing Asian countries at the current low levels of public old-age supports and social …