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Family altruism and incentives / Roberta Gatti.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Gatti, Roberta.
- Series:
- Policy research working papers ; 2505.
- World Bank e-Library.
- Policy research working paper ; 2505
- Language:
- English
- Subjects (All):
- Altruism--Econometric models.
- Altruism.
- Inheritance and succession--Econometric models.
- Inheritance and succession.
- Other Title:
- Policy research working paper vol. 2505
- Place of Publication:
- Washington, DC : World Bank, Development Research Group, Macroeconomics and Growth, [2000]
- System Details:
- data file
- 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.
- Notes:
- "December 2000"--Cover.
- Title from title screen as viewed on Sept. 30, 2002.
- Includes bibliographical references (p. 37-38).
- Publisher Number:
- 10.1596/1813-9450-2505
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