Showing 1 - 10 of 3,322
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal …
Persistent link: https://www.econbiz.de/10013051795
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/10013317066
. In the model agents receive heterogeneous utility from pure and impure altruism (Andreoni 1989) that permits warm glow to … vary between monetary donations and volunteering, thus allowing preferences for impure altruism to rationalize inefficient … allocation decisions. We define a measure of the price of impure altruism as the additional proportion of income sacrificed by a …
Persistent link: https://www.econbiz.de/10013080136
The paper aims to ascertain whether voluntary money transfers may be explained by the existence of self-enforcing family constitutions. We identify a circumstance in which an agent will behave differently if she is optimizing subject to a family constitution, than if she is moved by either...
Persistent link: https://www.econbiz.de/10013319316
This paper uses a model with overlapping generations to demonstrate that human capital accumulation can potentially attenuate factor price movements in response to birth rate shocks. Specifically, we show that if education spending per child is inversely related to the size of the generation,...
Persistent link: https://www.econbiz.de/10012925513
Elderly have been increasingly targeted as a group to enhance economic development and the tax base in communities. While recent literature on elderly migration tends to focus on how elderly migration patterns are influenced by state fiscal variables, the reverse effect from elderly population...
Persistent link: https://www.econbiz.de/10013159657
We use Swiss data to test whether intergenerational educational mobility is affected by the age at which children first enter (primary) school. Early age at school entry significantly affects mobility and reduces the relative advantage of children of better educated parents
Persistent link: https://www.econbiz.de/10012765082
This paper analyses the age dimension of changes in the task composition of jobs in 12 European countries between 1998 and 2014. We use the approach proposed by Autor et al. (2003) and Acemoglu & Autor (2011), and combine O*NET occupation content data with EU-LFS individual data to construct...
Persistent link: https://www.econbiz.de/10012957477
Using data from the British Household Panel Survey, this study examines the relationship between several outcomes in early adulthood (e.g., education, inactivity, earnings, and health) and being born to a teenage mother. Besides standard cross-sectional multivariate regression estimates, we also...
Persistent link: https://www.econbiz.de/10013317077
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 …
Persistent link: https://www.econbiz.de/10013088659