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Most models of family transfers consider only two generations and focus on two motives: altruism and exchange. They … transfers, such as strategic altruism, models with endogenous heterogeneous behavioral regimes (Becker, Cigno), and especially … (against altruism) with small compensatory effects of transfers both between and within generations, and (against exchange …
Persistent link: https://www.econbiz.de/10014023664
The empirical evidence suggests that parents use inter vivos gifts (i.e., transfers of tangible and financial property) to compensate less well off children whereas post mortem bequests are divided equally among siblings. We study a theoretical model assuming, first, that the amounts given is...
Persistent link: https://www.econbiz.de/10011589028
Persistent link: https://www.econbiz.de/10001370692
Persistent link: https://www.econbiz.de/10001653985
Altruism, giving and pro-social conduct, and reciprocity, are the basis of the existence and performance of societies … (which they sometimes also create); and in charity and specific organizations. Altruism has various origins: it can be … hedonistic or natural altruism in empathy, affection, sympathy, emotional contagion, pity, and compassion; or normative altruism …
Persistent link: https://www.econbiz.de/10014023682
takes an evolutionary approach to the family. We show that this literature provides valuable guidance for modeling the … effects of age, sex and relatedness in the interactions among extended family members. The evolutionary literature has much to … offer economists interested in family behavior by proposing novel interpretations of existing findings and pointing out new …
Persistent link: https://www.econbiz.de/10014024662
The empirical evidence suggests that parents use inter vivos gifts (i.e., transfers of tangible and financial property) to compensate less well off children whereas post mortem bequests are divided equally among siblings. We study a theoretical model assuming, first, that the amounts given is...
Persistent link: https://www.econbiz.de/10010321811
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 …
Persistent link: https://www.econbiz.de/10010292405
. 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 …
Persistent link: https://www.econbiz.de/10011587662