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market may still undertake globally efficient abatement investments, given the existence of limited nonpaternalistic altruism …
Persistent link: https://www.econbiz.de/10005651775
Empirical studies of intergenerational transfers usually find that bequests are equally divided among heirs while inter vivos gifts tend to be compensatory. Using the 1992 and 1994 waves of the Health and Retirement Study, we find that only 4% of parents who give, divide their gifts equally...
Persistent link: https://www.econbiz.de/10005423918
We study the motives behind parents’ transfers to their children, and the relationship between tangible transfers and educational investments. Another issue is the channels parents choose for tangible transfers. Do they use bequests and inter vivos gifts as substitutes or complements? We use a...
Persistent link: https://www.econbiz.de/10005423942
It has recently been argued that giving is spontaneous while greed is calculated (Rand et al. 2012). If greed is calculated we would expect that cognitive load, which is assumed to reduce the influence of cognitive processes, should affect greed. In this paper we study both charitable giving and...
Persistent link: https://www.econbiz.de/10010788972
To what extent do people avoid taxes on intra-family transfers (bequests and gifts), and how would integration (unification) of the different transfers taxes affect tax avoidance? These issues are important for families and their welfare, as well as for governments and their possibilities of...
Persistent link: https://www.econbiz.de/10005651678
The paper studies the impact of altruism on Agent’s motivation in the career concerns model. I show that career … concerns incentive is lessened by altruism. As a consequence, altruism can decrease effort, though conventional wisdom suggests … interaction between intrinsic and extrinsic motivation. The paper also studies the effect of altruism on wage. Interestingly, the …
Persistent link: https://www.econbiz.de/10008513135
In his seminal 1970 book, The Gift Relationship, Richard Titmuss argued that monetary compensation for donating blood might crowd out the supply of blood donors. To test this claim we carry out a field experiment with three different treatments. In the first treatment subjects are given the...
Persistent link: https://www.econbiz.de/10005190951
We test the proposition that individuals may experience a self-control conflict between short-term temptation to be selfish and better judgment to act pro-socially. Using a dictator game and a public goods game, we manipulated the likelihood that individuals identified self-control conflict, and...
Persistent link: https://www.econbiz.de/10008635709
This paper concerns optimal income taxation under asymmetric information in a two-type overlapping generations model, where people care about their relative consumption compared to others. The appearance of positional concerns affects the policy choices via two channels: (i) the size of the...
Persistent link: https://www.econbiz.de/10005423953
This paper deals with optimal income taxation and relative consumption under a welfarist government that fully respects people’s preferences and a paternalist government that does not share the consumer preference for relative consumption. Consistent with previous findings, relative...
Persistent link: https://www.econbiz.de/10010961526