Is the Extended Family Altruistically Linked? Direct Tests Using Micro Data.

This paper uses Panel Study of Income Dynamics data on parents and their adult children to test the standard altruism model. This model predicts that, within the extended family, the distribution of consumption is independent of the distribution of resources. The authors' findings strongly reject this prediction. Copyright 1992 by American Economic Association.

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Year of publication:	1992
Authors:	Altonji, Joseph G ; Hayashi, Fumio ; Kotlikoff, Laurence J
Published in:	American Economic Review. - American Economic Association - AEA. - Vol. 82.1992, 5, p. 1177-98
Publisher:	American Economic Association - AEA

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005820869