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Bequests, Filial Attention and Fertility

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  • Cremer, H
  • Pestieau, P

Abstract

The purpose of this paper is to show within a simple setting how the demand for children may be affected by the type of parent-children interaction, ranging from conflict with threat to more harmonious settlement. We consider the case where parents offer bequests to their children in exchange for attention. The type of parent-child interaction is formalized by the solution concept that is used to determine the bequest-attention allocation for any given number of children. The main positive finding of the paper is that there is a bias toward large families, counteracted by the possibility of a pure preference for small families and the costs of having children. Copyright 1991 by The London School of Economics and Political Science.

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Bibliographic Info

Article provided by London School of Economics and Political Science in its journal Economica.

Volume (Year): 58 (1991)
Issue (Month): 231 (August)
Pages: 359-75

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Handle: RePEc:bla:econom:v:58:y:1991:i:231:p:359-75

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Cited by:
  1. Donald Cox & Oded Stark, 1996. "Intergenerational Transfers and the Demonstration Effect," Boston College Working Papers in Economics 329., Boston College Department of Economics.
  2. Helmuth Cremer & Pierre Pestieau, 2003. "Wealth transfer taxation: a survey," DELTA Working Papers 2003-20, DELTA (Ecole normale supérieure).
  3. Amihai Glazer & Vesa Kanniainen & Esko Niskanen, 2001. "Bequests, Control Rights, and Cost-Benefit Analysis," CESifo Working Paper Series 576, CESifo Group Munich.
  4. CREMER, Helmuth & PESTIEAU, Pierre, 2004. "The tax treatment of intergenerational wealth transfers," CORE Discussion Papers 2004062, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  5. Futagami, Ritsuko & Kamada, Kimiyoshi & Sato, Takashi, 2006. "Bequest motives and fertility decisions," Economics Letters, Elsevier, vol. 92(3), pages 348-352, September.
  6. Staffolani, Stefano & Valentini, Enzo, 2007. "Bequest taxation and efficient allocation of talents," Economic Modelling, Elsevier, vol. 24(4), pages 648-672, July.

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