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Author Gatti, Roberta.

Title Family altruism and incentives [electronic resource] / Roberta Gatti.

Published Washington, DC : World Bank, Development Research Group, Macroeconomics and Growth, [2000]


Location Call No. Status
Series Policy research working paper ; 2505
Policy research working papers ; 2505.
World Bank e-Library.
Notes "December 2000"--Cover.
Title from title screen as viewed on Sept. 30, 2002.
Bibliography Includes bibliographical references (p. 37-38).
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.
Other formats Also available in print.
Other author World Bank. Development Research Group. Macroeconomic and Growth.
Subject Altruism -- Econometric models.
Inheritance and succession -- Econometric models.