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The relationship between altruism and equal sharing. Evidence from inter vivos transfer behavior

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Author Info
Elin Halvorsen and Thor O. Thoresen () (Statistics Norway)
Abstract

Several studies reject the implications of the altruism model. In this study it is argued that parents who transfer resources to their children both are altruistic and influenced by an equal division fairness norm. Under such motives, the degree of income compensation should be stronger in one-child families and we expect the altruism motive to dominate the fairness norm when income differences between siblings are large. The results suggest that equal divisions are intentional and weighted against altruistic motives.

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Paper provided by Research Department of Statistics Norway in its series Discussion Papers with number 439.

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Date of creation: Nov 2005
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Handle: RePEc:ssb:dispap:439

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Related research
Keywords: inter vivos gifts; altruism; equal sharing; compensatory transfer;

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Find related papers by JEL classification:
D19 - Microeconomics - - Household Behavior - - - Other
D64 - Microeconomics - - Welfare Economics - - - Altruism
H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation

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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.:
  1. B. Douglas Bernheim & Robert J. Lemke & John Karl Scholz, 2001. "Do Estate and Gift Taxes Affect the Timing of Private Transfers?," NBER Working Papers 8333, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  2. Joseph G. Altonji & Fumio Hayashi & Laurence Kotlikoff, 1995. "Parental Altruism and Inter Vivos Transfers: Theory and Evidence," NBER Working Papers 5378, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  3. Barro, Robert J, 1974. "Are Government Bonds Net Wealth?," Journal of Political Economy, University of Chicago Press, vol. 82(6), pages 1095-1117, Nov.-Dec.. [Downloadable!] (restricted)
  4. Joel Slemrod & Wojciech Kopczuk, 2000. "The Impact of the Estate Tax on the Wealth Accumulation and Avoidance Behavior of Donors," NBER Working Papers 7960, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  5. Laurence J. Kotlikoff & Lawrence H. Summers, 1981. "The Role of Intergenerational Transfers in Aggregate Capital Accumulation," NBER Working Papers 0445, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  6. Becker, Gary S, 1974. "A Theory of Social Interactions," Journal of Political Economy, University of Chicago Press, vol. 82(6), pages 1063-93, Nov.-Dec.. [Downloadable!] (restricted)
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  7. Bernheim, B Douglas & Shleifer, Andrei & Summers, Lawrence H, 1986. "The Strategic Bequest Motive," Journal of Labor Economics, University of Chicago Press, vol. 4(3), pages S151-82, July. [Downloadable!] (restricted)
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  1. Fevang, Elisabeth & Kverndokk, Snorre & Roed, Knut, 2008. "Informal Care and Labor Supply," IZA Discussion Papers 3717, Institute for the Study of Labor (IZA). [Downloadable!]
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