Equal bequests and parental altruism: compatibility or orthogonality?
AbstractThe large amount of equal division of bequests by parents who otherwise would have compensated the earning differences among their children is attributed to the cost associated with unequal bequests. This paper identifies a source of this cost and explains why equal bequests to children whose earnings differ, and parental altruism toward these children, are not mutually exclusive.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 60 (1998)
Issue (Month): 2 (August)
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Web page: http://www.elsevier.com/locate/ecolet
Other versions of this item:
- Stark, Oded, 1998. "Equal Bequests and Parental Altruism: Compatibility or Orthogonality?," Economics Series 54, Institute for Advanced Studies.
- Oded Stark, 1988. "Equal Bequests and Parental Altruism: Compatibility or Orthogonality?," Departmental Working Papers _089, Chinese University of Hong Kong, Department of Economics.
- D10 - Microeconomics - - Household Behavior - - - General
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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