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prevalence of bequests, bequest motives, tests of altruism, and the importance of borrowing (liquidity) constraints and show that …
Persistent link: https://www.econbiz.de/10012430036
The selfish life-cycle model or hypothesis is, together with the dynasty or altruism model, the most widely used …
Persistent link: https://www.econbiz.de/10012543994
We study the joint role of altruism and impatience, and the impact of evolution in the formation of long-term time … relate to altruism and to impatience and we reason that long-lived dynasties will be characterized by a higher degree of … altruism and a lower degree of impatience than short-lived dynasties. …
Persistent link: https://www.econbiz.de/10005764186
In the presence of two-sided altruism, i.e., when parents and children care about each other’s utility, increases in …
Persistent link: https://www.econbiz.de/10005556081
altruism. A fall in the population growth rate, even to negative values, will imply a reduction of the interest rate and an …
Persistent link: https://www.econbiz.de/10005144543
that there are large inter-country differences in the degree of selfishness and altruism, with the Japanese and Chinese … religiosity appear to be the main cause of inter-country differences in the degree of selfishness and altruism. …
Persistent link: https://www.econbiz.de/10010398498
Using data from the Health and Retirement Study (HRS), we make two contributions to the literature on end-of-life transfers. First, we show that unequal bequests are much more common than generally recognized, with one-third of parents with wills planning to divide their estates unequally among...
Persistent link: https://www.econbiz.de/10010480825
Using data from the Health and Retirement Study (HRS), we make two contributions to the literature on end-of-life transfers. First, we show that unequal bequests are much more common than generally recognized, with one-third of parents with wills planning to divide their estates unequally among...
Persistent link: https://www.econbiz.de/10010500318
the degrees of filial and parental altruism and adjust them with their respective life expectancy and fertility rates. The … altruism than those in the other countries. Our welfare analyses reveal that the developing Asian countries must introduce more … filial altruism will trap the developing Asian countries at the current low levels of public old-age supports and social …
Persistent link: https://www.econbiz.de/10011944170
Can we reconcile the predictions of the altruism model of the family with the evidence on parental monetary transfers … in the US? This paper provides a new assessment of this question. I expand the altruism model by introducing effort of … child. First, I solve and simulate a model of altruism and labor supply under imperfect information. Second, I use cross …
Persistent link: https://www.econbiz.de/10005704951