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...

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1. Verfasser: Gatti, Roberta (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, DC World Bank, Development Research Group, Macroeconomics and Growth [2000]
Schriftenreihe:Policy research working paper 2505
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spelling Gatti, Roberta Verfasser aut
Family altruism and incentives Roberta Gatti
Washington, DC World Bank, Development Research Group, Macroeconomics and Growth [2000]
1 Online-Ressource
txt rdacontent
c rdamedia
cr rdacarrier
Policy research working paper 2505
"December 2000"--Cover
Includes bibliographical references (p. 37-38)
Title from title screen as viewed on Sept. 30, 2002
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
Online-Ausg Also available in print
Altruism Econometric models
Inheritance and succession Econometric models
World Bank Development Research Group Macroeconomic and Growth oth
Gatti, Roberta Family altruism and incentives
http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-2505 Verlag URL des Erstveröffentlichers Volltext
spellingShingle Gatti, Roberta
Family altruism and incentives
Altruism Econometric models
Inheritance and succession Econometric models
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 Altruism Econometric models
Inheritance and succession Econometric models
topic_facet Altruism Econometric models
Inheritance and succession Econometric models
url http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-2505
work_keys_str_mv AT gattiroberta familyaltruismandincentives
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