Shaping intergenerational relationships: the demonstration effect
AbstractAccording to the demonstration effect theory, parents make intergenerational transfers to their elders in order to elicit a symmetric future behavior from their children. In this paper we show that upstream transfers are expected to increase with low returns from alternative financial assets and with the donorâs life expectancy. The latter effect creates a greater incentive for daughters to care for parents.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 68 (2000)
Issue (Month): 3 (September)
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Other versions of this item:
- Jellal, Mohamed & wolff, François charles, 2000. "Shaping intergenerational relationships the demonstration effect," MPRA Paper 38512, University Library of Munich, Germany.
- D1 - Microeconomics - - Household Behavior
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