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In recent years Robert Barro's (1974) ingenious model of inter- generational altruism has taken its place among the … equal Euler errors. Indeed, the results provide fairly strong support for the intergenerational altruism model as opposed to …
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prevalence of bequests, bequest motives, tests of altruism, and the importance of borrowing (liquidity) constraints and show that …
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This paper studies the effects of differences in worldviews on parents? attitudes towards their children. We use unique German survey data containing questions on worldviews, religion, parental behavior, and socioeconomic variables. Our empirical evidence suggests that people with stronger...
Persistent link: https://www.econbiz.de/10011538561
I analyze the inter-vivos transfers and bequest decisions of 700,000 individuals during a period when the decision-maker receives negative news regarding life expectancy. The event that initiates the news is a health outcome. Expected mortality increases both the likelihood of transferring...
Persistent link: https://www.econbiz.de/10013307602
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We exploit a volcanic “experiment" to study the costs and benefits of geographic mobility. We show that moving costs (broadly defined) are very large and labor therefore does not flow to locations where it earns the highest returns. In our experiment, a third of the houses in a town were...
Persistent link: https://www.econbiz.de/10011889287
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We exploit a volcanic “experiment" to study the costs and benefits of geographic mobility. We show that moving costs (broadly defined) are very large and labor therefore does not flow to locations where it earns the highest returns. In our experiment, a third of the houses in a town were...
Persistent link: https://www.econbiz.de/10012987134