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We present and test the idea that bequest planning is linked with the experience of inheriting. We consider "a family … experience of inheriting enhances the intension to bequeath as redicted by the family tradition model, independently of the … inheritance provides which account for its impact on the intention to bequeath; it is rather the family tradition of bequeathing …
Persistent link: https://www.econbiz.de/10011349415
. Tests usually conclude that the income pooling predicted by pure altruism is not observed, but family transfers are also far … 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 …
Persistent link: https://www.econbiz.de/10014023665
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
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/10011326408
The selfish life-cycle model or hypothesis is, together with the dynasty or altruism model, the most widely used … to have closer family ties than other countries? In this paper, we first provide a brief exposition of the simplest …
Persistent link: https://www.econbiz.de/10012291218
prevalence of bequests, bequest motives, tests of altruism, and the importance of borrowing (liquidity) constraints and show that …
Persistent link: https://www.econbiz.de/10012195738
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/10011757923
Paul Samuelson made a series of important contributions to population theory for humans and other species, evolutionary … theory, and the theory of age structured life cycles in economic equilibrium and growth. The work is highly abstract but much …
Persistent link: https://www.econbiz.de/10012027303
We present and test the idea that bequest planning is linked with the experience of inheriting. We consider "a family …
Persistent link: https://www.econbiz.de/10011348397