The intersection of the standard altruism hypothesis with the quite strong evidence that bequests tend to be equal … implication. It has therefore been inferred that the motive underlying inter-vivos transfers is not parental altruism. In this … the child whose earnings are higher. We show that rather than being orthogonal to parental altruism, counter …

We propose a model of parental altruism in relation with child habit formation, where children are unaware of their …

" familial ties (e.g. a nuclear family household) achieve near Pareto efficient allocation of productive resources and Pareto … efficient allocation of consumption while households with "weaker" familial ties (e.g. an extended family household) do not. We … propose a theoretical model of the household based on the idea that altruism between household members vary with familial ties …

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 … effects of public pensions and credit rationing. These implications are not much affected by whether altruism is assumed or …