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In this paper, we attempt to shed light on whether Japanese households are rational or if their behavior is influenced by culture and social norms by examining their saving and bequest behavior. To summarize our main findings, we find that Japan's household saving rate showed great volatility,...
Persistent link: https://www.econbiz.de/10011478422
motivations underlying this behaviour. While the public goods-model of altruism has played a pivotal role in the economic work …. Altruism (or empathy) is only one of the many motivations leading to voluntary transfers. Transfers may also follow from a … interhousehold and intrafamily transfers. It is argued that the simple oppositions between pure altruism and warm glow or between …
Persistent link: https://www.econbiz.de/10014023681
What do we know about the role of extended families and kinship networks for redistributing resources? What gaps in our knowledge most need to be filled? How can we best organize current work and identify priorities for future research? These questions are important for several reasons:...
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/10011589028
We construct a theory of intergenerational preference transmission that rationalizes the choice between alternative … altruism towards children. They can affect their children's choices via two channels: either by influencing their preferences … innovation. -- Intergenerational Preference Transmission ; Altruism ; Paternalism ; Entrepreneurship ; Innovation …
Persistent link: https://www.econbiz.de/10009746743
We construct a theory of intergenerational preference transmission that rationalizes the choice between alternative … altruism towards children. They can affect their children's choices via two channels: either by influencing their preferences … innovation. -- intergenerational preference transmission ; altruism ; paternalism ; entrepreneurship ; innovation …
Persistent link: https://www.econbiz.de/10009683250
We construct a theory of intergenerational preference transmission that rationalizes the choice between alternative … altruism towards children. They can affect their children's choices via two channels: either by influencing their preferences …
Persistent link: https://www.econbiz.de/10010316863
We construct a theory of intergenerational preference transmission that rationalizes the choice between alternative … altruism towards children. They can affect their children's choices via two channels: either by influencing their preferences …
Persistent link: https://www.econbiz.de/10010291395