Equal Bequests and Parental Altruism: Compatibility or Orthogonality?

The large amount of equal division of bequests by parents who otherwise would have compensated the earning differences among their children is attributed to the cost associated with unequal bequests. This paper identifies a source of this cost and explains why equal bequests to children whose earnings differ, and parental altruism toward these children, are not mutually exclusive.

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Year of publication:	1998-05
Authors:	Stark, Oded
Institutions:	Department of Economics and Finance Research and Teaching, Institut für Höhere Studien (IHS)
Subject:	Parental Altruism \| Equal Bequests

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Extent:	application/pdf
Series:	Economics Series.
Type of publication:	Book / Working Paper
Notes:	Number 54 7 pages
Classification:	D10 - Household Behavior and Family Economics. General ; D31 - Personal Income, Wealth and Their Distributions ; D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; D64 - Altruism
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005572011