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Transfers within a Three Generations Family : When the Rotten Kids Turn into Altruistic Parents

Cremer, Helmuth - 2014

We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal … care provided to their parents and education expenditures for their children. The young enjoy their education, while the … period and that parents invest in the education of their children. We show that Becker's rotten kids theorem holds for the …

Persistent link: https://www.econbiz.de/10013051795

Intertemporal Altruism

Chopra, Felix; Eisenhauer, Philipp; Falk, Armin; … - 2021

Standard consumption utility is linked in time to a consumption event, whereas the timing of prosocial utility flows is ambiguous. Prosocial utility may depend on the actual utility consequences for others – it is consequence-dated – or it may be related to the act of giving and is thus...

Persistent link: https://www.econbiz.de/10013250248

Uncertain Altruism and Non-Linear Long-Term Care Policies

Canta, Chiara - 2018

We study the design of public long-term care (LTC) insurance when the altruism of informal caregivers is uncertain. We … while children's altruism is not. The traditional topping up and opting out policies are special cases of ours. Both total … and informal care should increase with the children's level of altruism. This obtains under full and asymmetric …

Persistent link: https://www.econbiz.de/10012915327

Long-Term Care and Lazy Rotten Kids

Cremer, Helmuth - 2013

This paper studies the determination of informal long-term care (family aid) to dependent elderly in a worst case scenario concerning the "harmony" of family relations. Children are purely selfish, and neither side can make credible commitments (which rules out efficient bargaining). The model...

Persistent link: https://www.econbiz.de/10013076808

Sensitivity of Charitable Giving to Realized Income Changes : Evidence from Military Bonuses and the Combined Federal Campaign

Wojtaszek, Carl; Kofoed, Michael - 2022

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/10014083959

Nudging Parents to Increase Preschool Attendance in Uruguay

Ajzenman, Nicolas; Luna, Laura; Hernández-Agramonte, … - 2022

This paper presents the results of a nationwide very low-cost behavioral intervention aimed at increasing preschool attendance in Uruguay. Specifically, behaviorally-informed messages were delivered through the government's official mobile app. We document a large reduction in absenteeism, as...

Persistent link: https://www.econbiz.de/10014083989

Learning Hope and Optimism : Classmate Experiences and Adolescent Development

Fletcher, Jason - 2018

This paper explores individual and contextual factors related to the development of hopeful attitudes during adolescence using a nationally representative study. A key focus is on the experiences of maltreatment by adults, both for the adolescent and his/her classmates. While all types of...

Persistent link: https://www.econbiz.de/10012918254

Getting Life Expectancy Estimates Right for Pension Policy : Period Versus Cohort Approach

Ayuso, Mercedes - 2018

In many policy areas it is essential to use the best estimates of life expectancy, but such estimates are vital to most areas of pension policy – from indexed access age and the calculation of initial benefits to the financial sustainability of pension schemes and the operation of their...

Persistent link: https://www.econbiz.de/10012919497

Competing on the Holodeck : The Effect of Virtual Peers and Heterogeneity in Dynamic Tournaments

Graff, Frederik - 2018

We propose experiments in virtual reality (VR) as a new approach to examining behavior in an economic context, e.g., heterogeneity in dynamic tournaments. We simulate a realistic working situation in a highly immersive environment. Implementing a tournament in VR, we are able to mitigate the...

Persistent link: https://www.econbiz.de/10012907835

Broadband Internet and Social Capital

Geraci, Andrea - 2018

We study how the diffusion of broadband Internet affects social capital using two data sets from the UK. Our empirical strategy exploits the fact that broadband access has long depended on customers' position in the voice telecommunication infrastructure that was designed in the 1930s. The...

Persistent link: https://www.econbiz.de/10012909961