friction we investigate is related to the ownership of children. If parents have no claim on their children's income, then the …) model with fertility choice and altruism, and model ownership by introducing a minimum constraint on transfers from parents … failure that may lead to inefficiently low equilibrium fertility and therefore to a need for government intervention. The …

friction we investigate is related to the ownership of children. If parents have no claim on their children's income, then the …) model with fertility choice and altruism, and model ownership by introducing a minimum constraint on transfers from parents … failure that may lead to inefficiently low equilibrium fertility and therefore to a need for government intervention. The …

care provided to their parents and education expenditures for their children. The young enjoy their education, while the … period and that parents invest in the education of their children. We show that Becker's rotten kids theorem holds for the … old may leave a bequest to their children. Within each period the three generations play a "game" inspired by Becker …

We study how fathers and mothers income satisfaction correlates with the income satisfaction of their sons and … daughters, as well as with other economic and socio-demographic variables. We estimate these correlations using data on parents … and children in households surveyed in the eight waves of the European Community Household Panel-ECHP (1994-2001) for 14 …