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; renegotiation-proofness ; altruism ; fertility ; saving ; transfers ; attention ; pensions ; credit rationing …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 …
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In a family context with endogenous timing, multiple public goods and alternative parental instruments, we show that …
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. This paper examines the determination of precautionary saving when people have access to intra-family risk sharing. I show … that, with uncertain future income, altruism per se can induce time consistent, however, not necessarily ex ante efficient … one. Also welfare and savings effects from social insurance turn out to be sensitive to assumptions about family structure …
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