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Transfers within a three generations family : when the rotten kids turn into altruistic parents
Cremer, Helmuth; Roeder, Kerstin - 2014
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal … 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 …
Persistent link: https://www.econbiz.de/10010370150
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Transfers within a three generations family : when the rotten kids turn into altruistic parents
Cremer, Helmuth; Roeder, Kerstin - 2014
Persistent link: https://www.econbiz.de/10010415742
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Transfers within a three generations family : when the rotten dids turn into altruistic parents
Cremer, Helmuth; Roeder, Kerstin - 2014
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal … 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 …
Persistent link: https://www.econbiz.de/10010370317
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Transfers within a three generations family : when the rotten kids turn into altruistic parents
Cremer, Helmuth; Roeder, Kerstin - 2014
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal … 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 …
Persistent link: https://www.econbiz.de/10010364769
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Rotten spouses, family transfers and public goods
Cremer, Helmuth; Roeder, Kerstin - 2014
Persistent link: https://www.econbiz.de/10010351383
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Rotten spouses, family transfers and public goods
Cremer, Helmuth; Roeder, Kerstin - 2014
We show that once interfamily exchanges are considered, Becker's rotten kids mechanism has some remarkable implications that have gone hitherto unnoticed. Specifically, we establish that Cornes and Silva's (1999) result of efficiency in the contribution game amongst siblings extends to a setting...
Persistent link: https://www.econbiz.de/10010252667
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Altruism, education subsidy and growth
Armellini, Mauricio; Basu, Parantap - 2010
An optimal education subsidy formula is derived using an overlapping generations model with parental altruism. The … model predicts that public education subsidy is greater in economies with lesser parental altruism because a benevolent … government has to compensate for the shortfall in private education spending of less altruistic parents with a finite life. On …
Persistent link: https://www.econbiz.de/10011524110
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Thankworthy parental altruism and children's habit-formation
Zhang, Lin; Ikeda, Shinsuke - 2013
We propose a model of parental altruism in relation with child habit formation, where children are unaware of their …
Persistent link: https://www.econbiz.de/10010201733
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A model of human capital, time discounting and economic growth
Bauer, Michal (contributor); Chytilová, Julie (contributor) - 2008
development regimes and it illustrates wider role of education in tackling possible development traps. -- growth ; human capital … ; education ; time discounting ; discount rate ; poverty …
Persistent link: https://www.econbiz.de/10003755176
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Long-term care and lazy rotten kids
Cremer, Helmuth; Roeder, Kerstin - 2013
This paper studies the determination of informal long-term care (family aid) to dependent elderly in a worst case scenario concerning the "harmony" of family relations. Children are purely selfish, and neither side can make credible commitments (which rules out efficient bargaining). The model...
Persistent link: https://www.econbiz.de/10009792497