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The intersection of the standard altruism hypothesis with the quite strong evidence that bequests tend to be equal … implication. It has therefore been inferred that the motive underlying inter-vivos transfers is not parental altruism. In this … the child whose earnings are higher. We show that rather than being orthogonal to parental altruism, counter …
Persistent link: https://www.econbiz.de/10009714281
Most models of family transfers consider only two generations and focus on two motives: altruism and exchange. They … transfers, such as strategic altruism, models with endogenous heterogeneous behavioral regimes (Becker, Cigno), and especially … (against altruism) with small compensatory effects of transfers both between and within generations, and (against exchange …
Persistent link: https://www.econbiz.de/10014023664
The empirical evidence suggests that parents use inter vivos gifts (i.e., transfers of tangible and financial property) to compensate less well off children whereas post mortem bequests are divided equally among siblings. We study a theoretical model assuming, first, that the amounts given is...
Persistent link: https://www.econbiz.de/10011589028
Persistent link: https://www.econbiz.de/10001370692
Persistent link: https://www.econbiz.de/10001653985
Drawing on two data sources from across Europe, we show that both bequest motives of parents and children’s gender composition shape unequal divisions of bequests. First, the Survey on Health, Ageing and Retirement in Europe reveals that observed bequests are divided unequally when children...
Persistent link: https://www.econbiz.de/10015373801
takes an evolutionary approach to the family. We show that this literature provides valuable guidance for modeling the … effects of age, sex and relatedness in the interactions among extended family members. The evolutionary literature has much to … offer economists interested in family behavior by proposing novel interpretations of existing findings and pointing out new …
Persistent link: https://www.econbiz.de/10014024662
. Tests usually conclude that the income pooling predicted by pure altruism is not observed, but family transfers are also far … mechanisms. Firstly, in the so-called pure altruism model, the parent's utility is augmented by the utility of his child. This … transfer. In a second model, altruism is impure as the parents want the child to behave in a certain way: exchange and …
Persistent link: https://www.econbiz.de/10014023665
Drawing on two data sources from across Europe, we show that both bequest motives of parents and children's gender composition shape unequal divisions of bequests. First, the Survey on Health, Ageing and Retirement in Europe reveals that observed bequests are divided unequally when children...
Persistent link: https://www.econbiz.de/10015403672
The empirical evidence suggests that parents use inter vivos gifts (i.e., transfers of tangible and financial property) to compensate less well off children whereas post mortem bequests are divided equally among siblings. We study a theoretical model assuming, first, that the amounts given is...
Persistent link: https://www.econbiz.de/10010321811