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This study uses Altruistic Bequest Theory to update research by Kao et al. (1997) exploring the factors driving the giving and receiving of bequests using data collected from the 2019 Survey of Consumer Finances (SCF). Altruistic variables demonstrated significant, although at times weak,...
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This study argues that parents have a desire for dividing equally between their children, and that this motive applies … to transfers of gifts inter vivos. We suggest that the equal division motive competes with traditional altruism: support … to the child or the children with greatest needs. When parents are drawn between these two ambitions, the degree of …
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reduction in parental time devoted to children, which modifies their human capital accumulation process. We show that the result … critically depends on the assumptions on the altruistic motives behind the choice of devoting time to children. …
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their children than other peoples, suggesting that the alleged social norm of strong family ties in Japan is largely a myth … Japan's household saving rate showed great volatility, was often low and even negative, and was high only during the 25-year … trends over time in, Japan's household saving rate via various socioeconomic and policy variables. This seems to suggest that …
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