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Subgame perfect manipulation of children by overlapping generations of agents with two-sided altruism and endogenous fertility

Raut, Lakshmi K. - EconWPA - 1996

In this paper we consider an overlapping generations model with endogenous fertility and two-sided altruism and show the limitations of applying commonly used open loop Nash equilibrium in characterizing equilibrium transfers from parents to children in the form of bequest, and transfers from...

Persistent link: https://www.econbiz.de/10005076531

THE HIDDEN COSTS AND RETURNS OF INCENTIVES — TRUST AND TRUSTWORTHINESS AMONG CEOs

Fehr, Ernst; List, John A. - EconWPA - 2004

situations requiring trust and trustworthiness. As a control we compare the behavior of CEOs with the behavior of students. We …. However, the availability of penalizing incentives also creates hidden returns: if a principal expresses trust by voluntarily … threat is not available. Thus trust seems to reinforce trustworthy behavior. Overall, trustworthiness is highest if the …

Persistent link: https://www.econbiz.de/10005076520

Motives for investment in human capital of children: evidence from Indonesian Family Life Survey Data

Raut, Lakshmi K.; Tran, Lien H. - EconWPA - 1998

Two alternative models of parental investments in children's human capital are considered and tested empirically using the Indonesian Family Life Survey (IFLS). The pure loan model and the reciprocity with two-sided altruism model yield different predictions about the effect of children's...

Persistent link: https://www.econbiz.de/10005408378

Testing for Utility Interdependence in Marriage: Evidence from Panel Data

Powdthavee, Nattavudh - EconWPA - 2004

This paper is the first of its kind to study utility interdependence in marriage using information on subjective well-being of a large sample of people living in the UK over the period 1991-2001. Using “residual” self-rated health to provide instrument for spouse’s well-being and allowing...

Persistent link: https://www.econbiz.de/10005076542

Consumption Inequality and Intra-Household Allocations

Lise, Jeremy; Seitz, Shannon - EconWPA - 2005

The consumption literature uses adult equivalence scales to measure individual level inequality. This practice imposes the assumption that there is no within household inequality. In this paper, we show that ignoring consumption inequality within households produces misleading estimates of...

Persistent link: https://www.econbiz.de/10005556802

Time allocation within the family: welfare implications of life in a couple

Couprie, Helene - EconWPA - 2003

This paper analyzes the household decision-making process leading to the allocation of time and consumption in the family. We estimate, on the British Household Panel Survey, a collective model of demand for leisure generalized to the production of a household public good. For the first time in...

Persistent link: https://www.econbiz.de/10005125796

The Measurement of Income Distribution Dynamics when Demographics are correlated with Income

Grimm, Michael; Cogneau, Denis - EconWPA - 2005

The purpose of our paper is to derive instructive analytics on how to account for differentials in demographic variables, in particular mortality, when performing welfare comparisons over time. The idea is to apply various ways of `correcting' estimated income distribution measures for `sample...

Persistent link: https://www.econbiz.de/10005408348

Income Fluctuations, Poverty and Well-Being Over Time: Theory and Application to Argentina

Cruces, Guillermo - EconWPA - 2005

This paper studies poverty as a dynamic phenomenon, motivated by the recurring economic crises that affect developing countries and the incidence of income fluctuations on household welfare. While the increasing availability of household panel data has been exploited in theoretical analysis and...

Persistent link: https://www.econbiz.de/10005408367

Reciprocal fairness and gift exchange practices in the labor

Mahuteau, Stephane - EconWPA - 2002

We aim at investigating to what extent reciprocal considerations, exhibited by employers and employees, should lead to stable gift exchange practices in the labor contract, giving rise to non- compensating wage differentials among industries. We use the concept of Sequential Reciprocity...

Persistent link: https://www.econbiz.de/10005408349

Discrimination and job-uncertainty

Frijters, P. - EconWPA - 1997

In this paper I look at the possibility of encorporating group behaviour into a model of the labour market by showing that discrimination can be the result of competition between coalitions of workers and bosses for a scarce amount of jobs. Coalitions can form either on the basis of the...

Persistent link: https://www.econbiz.de/10005408365