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Altruism and monetary transfers in the household: inter- and intra-generation issues

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  • José Molina

Abstract

The literature on altruism and monetary transfers in the household is here extended with new and recent evidence on different approaches with the final aim being to provide policy recommendations in order to reduce socio-economic inequality among households, from both inter- and intra-generational perspectives. Thus, we include issues which deal with transfers from parents to kids (downstream transfers), and with transfers from kids to parents (upstream transfers). On the other hand, we also include issues from intragenerational transfers beyond the household, studying such phenomena as charitable donations and remittances from migrants. Copyright Springer Science+Business Media New York 2014

Suggested Citation

  • José Molina, 2014. "Altruism and monetary transfers in the household: inter- and intra-generation issues," Review of Economics of the Household, Springer, vol. 12(3), pages 407-410, September.
    • Handle: RePEc:kap:reveho:v:12:y:2014:i:3:p:407-410
    DOI: 10.1007/s11150-014-9259-4
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    References listed on IDEAS

    as
    1. José Molina, 2013. "Altruism in the household: in kind transfers in the context of kin selection," Review of Economics of the Household, Springer, vol. 11(3), pages 309-312, September.
    2. Black, Sandra E. & Devereux, Paul J., 2011. "Recent Developments in Intergenerational Mobility," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 16, pages 1487-1541, Elsevier.
    3. Yannis M. Ioannides & Kamhon Kan, 2000. "The Nature of Two-directional Intergenerational Transfers of Money and Time: An Empirical Analysis," International Economic Association Series, in: L.-A. Gérard-Varet & S.-C. Kolm & J. Mercier Ythier (ed.), The Economics of Reciprocity, Giving and Altruism, chapter 18, pages 314-331, Palgrave Macmillan.
    4. Cox, Donald & Rank, Mark R, 1992. "Inter-vivos Transfers and Intergenerational Exchange," The Review of Economics and Statistics, MIT Press, vol. 74(2), pages 305-314, May.
    5. Altonji, Joseph G & Hayashi, Fumio & Kotlikoff, Laurence J, 1997. "Parental Altruism and Inter Vivos Transfers: Theory and Evidence," Journal of Political Economy, University of Chicago Press, vol. 105(6), pages 1121-1166, December.
    6. Rapoport, Hillel & Docquier, Frederic, 2006. "The Economics of Migrants' Remittances," Handbook on the Economics of Giving, Reciprocity and Altruism, in: S. Kolm & Jean Mercier Ythier (ed.), Handbook of the Economics of Giving, Altruism and Reciprocity, edition 1, volume 1, chapter 17, pages 1135-1198, Elsevier.
    7. Catalina Amuedo-Dorantes & Susan Pozo, 2011. "Remittances and Income Smoothing," American Economic Review, American Economic Association, vol. 101(3), pages 582-587, May.
    8. Kotlikoff, Laurence J, 1988. "Intergenerational Transfers and Savings," Journal of Economic Perspectives, American Economic Association, vol. 2(2), pages 41-58, Spring.
    9. Cox, Donald, 1987. "Motives for Private Income Transfers," Journal of Political Economy, University of Chicago Press, vol. 95(3), pages 508-546, June.
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    More about this item

    Keywords

    Altruism; Monetary transfers; Inter- and intra generation issues; D13; D31; D64; D91; J12;
    All these keywords.

    JEL classification:

    • D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy; Intergenerational Transfers
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure

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