This book is a welcome consolidation and extension of the recent expanding debates on happiness and economics. Happiness and economics, as a new field for research, is now of pivotal interest particularly to welfare economists and psychologists. This Handbook provides an unprecedented forum for...

How can parents secure old-age support in the form of care, attention or financial transfers from their children? We explore the enforcement of implicit intergenerational agreements from a fresh angle by studying the possibility that the child's conduct is conditioned by the parents' example....

It is argued that parents provide help with housing downpayments in order to encourage the production of grandchildren, and that such a subsidization emanates from the "demonstration effect:" a child's propensity to furnish parents with attention and care can be conditioned by parental example....

What do we know about the role of extended families and kinship networks for redistributing resources? What gaps in our knowledge most need to be filled? How can we best organize current work and identify priorities for future research? These questions are important for several reasons:...

We test for the motivation for private inter-household transfers of income by modeling transfer behavior under two alternative hypotheses: altruistic and exchange-motivated transfers. Knowing the underlying motivation for private income transfers is important because such motivation determines...

This paper tests for the motives for private income transfers. We consider two motives: altruism and exchange. The question of private transfer motives is important because such motivation can influence the effects of public income transfers on the distribution of income. Using a household...