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Dynamique des transferts intergénérationnels et effet de démonstration
[Dynamics of Intergenerational Transfers and the Demonstration Effect]

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  • Jellal, Mohamed
  • wolff, François charles

Abstract

In this paper, we extend the framework of the motives for familial solidarities to three generations. By focusing on upward transfers, we examine the demonstration effect hypothesis where individuals make transfers to their parents in order to be helped in return by their children. We show the limits of this model when the probability of imitation is exogenous. Then, we endogeneize this probability by assuming that imitative behaviors are infl uenced by the stock of upstream transfers made previously by the parents. The theoretical predictions are tested using two cross-sectional surveys from France. Using different types of upstream transfers, we fi nd little evidence in favor of the demonstration effect hypothesis.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 38419.

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Date of creation: 2005
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Handle: RePEc:pra:mprapa:38419

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Related research

Keywords: Family; Transfers; Culture transmission; Demonstration effect;

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References

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  1. Mohamed Jellal & François-Charles Wolff, 2002. "Aides aux parents âgés et allocation intra-familiale," Revue économique, Presses de Sciences-Po, vol. 53(4), pages 863-885.
  2. François-Charles Wolff & Luc Arrondel, 1998. "La nature des transferts inter vivos en France : investissements humains, aides financières et transmission du patrimoine," Économie et Prévision, Programme National Persée, vol. 135(4), pages 1-27.
  3. Mohamed Jellal & François-Charles Wolff, 2003. "Solidarités familiales par la démonstration," Revue économique, Presses de Sciences-Po, vol. 54(4), pages 785-810.
  4. François-Charles Wolff, 2000. "Les transferts versés aux enfants et aux parents : altruisme ou échange intertemporel?," Économie et Prévision, Programme National Persée, vol. 142(1), pages 67-91.
  5. François-Charles Wolff, 2000. "Transferts monétaires "inter vivos" et cycle de vie," Revue Économique, Programme National Persée, vol. 51(6), pages 1419-1452.
  6. André Masson, 1999. "Quelle solidarité intergénérationnelle ?," Revue Française d'Économie, Programme National Persée, vol. 14(1), pages 27-90.
  7. Arrondel, L. & Laferrere, A., 1998. "Taxation and Wealth Transmission in France," DELTA Working Papers 98-13, DELTA (Ecole normale supérieure).
  8. André Masson & Luc Arrondel, 1991. "Que nous enseignent les enquêtes sur les transferts patrimoniaux en France ?," Économie et Prévision, Programme National Persée, vol. 100(4), pages 93-128.
  9. Jellal, Mohamed & wolff, François charles, 2000. "Shaping intergenerational relationships the demonstration effect," MPRA Paper 38512, University Library of Munich, Germany.
  10. André Masson & Luc Arrondel, 1996. "Gestion du risque et comportements patrimoniaux," Économie et Statistique, Programme National Persée, vol. 296(1), pages 63-89.
  11. Vassilis A. Hajivassiliou & Daniel L. McFadden & Paul Ruud, 1993. "Simulation of Multivariate Normal Rectangle Probabilities and their Derivatives: Theoretical and Computational Results," Working Papers _024, Yale University.
  12. Francois-Charles Wolff, 2001. "Private intergenerational contact in France and the demonstration effect," Applied Economics, Taylor & Francis Journals, vol. 33(2), pages 143-153.
  13. Jellal, Mohamed & Wolff, Francois-Charles, 2002. "Cultural evolutionary altruism: theory and evidence," European Journal of Political Economy, Elsevier, vol. 18(2), pages 241-262, June.
  14. Arrondel, L. & Masson, A., 1999. "L'économie des générations: les familles et l'Etat," DELTA Working Papers 1999-19, DELTA (Ecole normale supérieure).
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Cited by:
  1. Marta Melguizo Garde, 2007. "La motivación de las transmisiones lucrativas entre generaciones de una familia: modelos teóricos y evidencia empírica," Hacienda Pública Española, IEF, vol. 181(2), pages 81-118, June.

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