Showing 1 - 3 of 3
In this paper, we examine the consequences of imperfect information on the pattern of transfers from parents to children. Drawing on the theory of mechanism design, we consider a model of family contract with two levels of effort. We prove that equal transfers among children are expected under...
Persistent link: https://www.econbiz.de/10008528726
We consider a model that extends the scope of social preferences of the families of the migrants. This extension allows us to show that if some poor families receive remittances and social culture affects the composition of their consumption, then in presence of strong social inequality, poor...
Persistent link: https://www.econbiz.de/10011109553
In this paper, we examine the consequences of imperfect information on the pattern of transfers from parents to children. Drawing on the theory of mechanism design, we consider a model of family contract with two levels of effort. We prove that equal transfers among children are expected under...
Persistent link: https://www.econbiz.de/10011113407