Family altruism and incentives:
In the presence of imperfect information and uncertainty, altruistic parents might use intergenerational transfers strategically to elicit effort from their children. As a result, gift and bequests are less reactive to the income realizations of the children than the standard altruistic model of the...
Saved in:
| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, DC
World Bank, Development Research Group, Macroeconomics and Growth
2000
|
| Series: | Policy research working paper
2505 |
| Subjects: | |
| Online Access: | Volltext |
| Summary: | In the presence of imperfect information and uncertainty, altruistic parents might use intergenerational transfers strategically to elicit effort from their children. As a result, gift and bequests are less reactive to the income realizations of the children than the standard altruistic model of the family predicts. Ricardian equivalence holds in this setup whenever the non-negativity constraint on bequests is not binding |
| Item Description: | "December 2000"--Cover. - Includes bibliographical references (p. 37-38). - Title from title screen as viewed on Sept. 30, 2002 Erscheinungsjahr in Vorlageform:[2000] Weitere Ausgabe: Gatti, Roberta : Family altruism and incentives |
| Physical Description: | 1 Online-Ressource (38 Seiten) |
Staff View
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| publishDate | 2000 |
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| publisher | World Bank, Development Research Group, Macroeconomics and Growth |
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| series2 | Policy research working paper |
| spellingShingle | Gatti, Roberta Family altruism and incentives Ökonometrisches Modell |
| title | Family altruism and incentives |
| title_auth | Family altruism and incentives |
| title_exact_search | Family altruism and incentives |
| title_full | Family altruism and incentives Roberta Gatti |
| title_fullStr | Family altruism and incentives Roberta Gatti |
| title_full_unstemmed | Family altruism and incentives Roberta Gatti |
| title_short | Family altruism and incentives |
| title_sort | family altruism and incentives |
| topic | Ökonometrisches Modell |
| topic_facet | Ökonometrisches Modell |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-2505 |
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