'pure' and 'impure' forms of altruism and investigates the role of borrowing constraints in accounting for the timing of …

mechanisms. Firstly, in the so-called pure altruism model, the parent's utility is augmented by the utility of his child. This … transfer. In a second model, altruism is impure as the parents want the child to behave in a certain way: exchange and …. Tests usually conclude that the income pooling predicted by pure altruism is not observed, but family transfers are also far …

altruism. A fall in the population growth rate, even to negative values, will imply a reduction of the interest rate and an …