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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.

Suggested Citation

  • Jellal, Mohamed & wolff, François charles, 2005. "Dynamique des transferts intergénérationnels et effet de démonstration [Dynamics of Intergenerational Transfers and the Demonstration Effect]," MPRA Paper 38419, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:38419
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    2. Mohamed Jellal & François-Charles Wolff, 2003. "Solidarités familiales par la démonstration," Revue économique, Presses de Sciences-Po, vol. 54(4), pages 785-810.
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    10. 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.
    11. François-Charles Wolff & Mohamed Jellal, 2002. "Aides aux parents âgés et allocation intra-familiale," Revue Économique, Programme National Persée, vol. 53(4), pages 863-885.
    12. Jellal, Mohamed & Wolff, Francois-Charles, 2000. "Shaping intergenerational relationships: the demonstration effect," Economics Letters, Elsevier, vol. 68(3), pages 255-261, September.
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    16. 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.
    17. Theodore C. Bergstrom, 1996. "Economics in a Family Way," Journal of Economic Literature, American Economic Association, vol. 34(4), pages 1903-1934, December.
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    22. 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.
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    25. Luc Arrondel & François-Charles Wolff, 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.
    26. Luc Arrondel & André Masson, 1996. "Gestion du risque et comportements patrimoniaux," Économie et Statistique, Programme National Persée, vol. 296(1), pages 63-89.
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    Cited by:

    1. Wolff, Francois-Charles & Laferrere, Anne, 2006. "Microeconomic models of family transfers," 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 13, pages 889-969, Elsevier.
    2. Marta Melguizo Garde, 2007. "La motivación de las transmisiones lucrativas entre generaciones de una familia: modelos teóricos y evidencia empírica," Hacienda Pública Española / Review of Public Economics, IEF, vol. 181(2), pages 81-118, June.

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    More about this item

    Keywords

    Family; Transfers; Culture transmission; Demonstration effect;
    All these keywords.

    JEL classification:

    • Z1 - Other Special Topics - - Cultural Economics
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification
    • D1 - Microeconomics - - Household Behavior

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