Add to ORKGIn this note, we use the theory of incentive contracting to characterize the pattern of financial transfers within the family. Using an altruistic model based on bounded rationality with one parent and two children, we show that the parent may provide a lower gift to the less well-off child, while bequests are always compensator
Empirical studies of intergenerational transfers usually find that bequests are equally divided amon...
This paper develops a model ofinter vivos gifts and bequests in a setting of moral hazard and advers...
Abstract. Simple theories about why parents give money to their children fail to explain a central p...
In this note, we use the theory of incentive contracting to characterize the pattern of financial tr...
Recent empirical work on intergenerational transfers has shown that: i) parents prefer to transfer r...
The author builds on the altruistic model of the family, to explore the strategic interaction betwee...
Empirical studies of intergenerational transfers usually find that bequests are equally divided amon...
Empirical studies of intergenerational transfers usually find that bequests are equally divided amon...
This paper examines the altruistic model of bequest when a child inherits life standard aspirations ...
The empirical evidence suggests that parents use inter vivos gifts (i.e., transfers of tangible and ...
Abstract: The intersection of the standard altruism hypothesis with the quite strong evidence that b...
In this paper, we examine the pure exchange motive for intergenerational transfers within the family...
This paper examines the altruistic model of bequest when a child inherits life standard aspirations ...
Economists have invested a great deal of effort in trying to understand the motivation for family tr...
The Ricardian Equivalence Theorem, which is the proposition that changes in the timing of lump-sum t...
Empirical studies of intergenerational transfers usually find that bequests are equally divided amon...
This paper develops a model ofinter vivos gifts and bequests in a setting of moral hazard and advers...
Abstract. Simple theories about why parents give money to their children fail to explain a central p...
In this note, we use the theory of incentive contracting to characterize the pattern of financial tr...
Recent empirical work on intergenerational transfers has shown that: i) parents prefer to transfer r...
The author builds on the altruistic model of the family, to explore the strategic interaction betwee...
Empirical studies of intergenerational transfers usually find that bequests are equally divided amon...
Empirical studies of intergenerational transfers usually find that bequests are equally divided amon...
This paper examines the altruistic model of bequest when a child inherits life standard aspirations ...
The empirical evidence suggests that parents use inter vivos gifts (i.e., transfers of tangible and ...
Abstract: The intersection of the standard altruism hypothesis with the quite strong evidence that b...
In this paper, we examine the pure exchange motive for intergenerational transfers within the family...
This paper examines the altruistic model of bequest when a child inherits life standard aspirations ...
Economists have invested a great deal of effort in trying to understand the motivation for family tr...
The Ricardian Equivalence Theorem, which is the proposition that changes in the timing of lump-sum t...
Empirical studies of intergenerational transfers usually find that bequests are equally divided amon...
This paper develops a model ofinter vivos gifts and bequests in a setting of moral hazard and advers...
Abstract. Simple theories about why parents give money to their children fail to explain a central p...