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Drawing on two data sources from across Europe, we show that both bequest motives of parents and children’s gender composition shape unequal divisions of bequests. First, the Survey on Health, Ageing and Retirement in Europe reveals that observed bequests are divided unequally when children...
Persistent link: https://www.econbiz.de/10015373801
achieved through the incorporation of altruism and fertility in a "value of life" type of framework. We are able to express … intergenerational welfare comparisons. We show that, by incorporating altruism and fertility into the analysis, the estimated welfare …
Persistent link: https://www.econbiz.de/10003594436
Concerns about offspring's life quality are often cited as a motivation for caring about climate change. This paper investigates the hypothesized causal effect of grandparenthood on climate change worries, using panel data surveys among British families. Specifically, we study whether becoming a...
Persistent link: https://www.econbiz.de/10015332845
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
The permanent income hypothesis states that agents perfectly smooth consumption given a large, anticipated shock to income. Testing these implications is difficult given the endogenous nature of income and payment timing. We leverage exogenous variation in military bonus size and timing matched...
Persistent link: https://www.econbiz.de/10012800634
Persistent link: https://www.econbiz.de/10002005366
We study the role played by the standard of living during childhood on nest leaving. Using data from SHARE, we show empirically that individuals who grew up in a golden nest leave the parental home later and that education only partially mediates this effect. This relationship holds across...
Persistent link: https://www.econbiz.de/10012286841
We study whether and how parents interfere paternalistically in their children's intertemporal decision-making. Based on experiments with over 2,000 members of 610 families, we find that parents anticipate their children's present bias and aim to mitigate it. Using a novel method to measure...
Persistent link: https://www.econbiz.de/10012418434
As immigrants born in developing countries and their descendants represent a growing share of the working-age population in the developed world, their labour market integration constitutes a key factor for fostering economic development and social cohesion. Using a granular, matched...
Persistent link: https://www.econbiz.de/10013470617
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal …
Persistent link: https://www.econbiz.de/10010370150