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This paper studies the effects of different income transfers on individual welfare, in both marriage and divorce situations, and on family decisions. We assume three generations within the family. We develop a sequential game that, in a first stage, determines the optimum level of the transfer...
Persistent link: https://www.econbiz.de/10012776754
Children can be considered as a marriage-specific investment that increases the value of the marriage, making a divorce more costly. We exploit the richness of pre- and post-marital information from the National Longitudinal Survey of Youth 79, for the United States, to investigate the relation...
Persistent link: https://www.econbiz.de/10013061439
In this paper, we analyze how kinship among family members affects intergenerational cooperation in a public good game. 165 individuals from 55 families, comprising three generations (youths, parents, and grandparents), play a public good game in three different treatments: one in which three...
Persistent link: https://www.econbiz.de/10012995591