Labor opportunities against family intergenerational exchange
We study a model of domestic transfers based on exchange in which children can either work or provide services to their parents to earn some money. Using a French survey, we show that there exist attention-payment mechanisms to the young children from the parents, but these exchanges disappear when children can enter the labor market.
Volume (Year): 10 (2003)
Issue (Month): 1 ()
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- Altonji, Joseph G & Hayashi, Fumio & Kotlikoff, Laurence J, 1997.
"Parental Altruism and Inter Vivos Transfers: Theory and Evidence,"
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2796, C.E.P.R. Discussion Papers.
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- Furnham, Adrian, 2001. "Parental attitudes to pocket money/allowances for children," Journal of Economic Psychology, Elsevier, vol. 22(3), pages 397-422, June.
- Wolff, Francois-Charles, 2006. "Microeconomic models of family transfers," Handbook on the Economics of Giving, Reciprocity and Altruism, Elsevier.
- Cox, Donald, 1987. "Motives for Private Income Transfers," Journal of Political Economy, University of Chicago Press, vol. 95(3), pages 508-46, June.
- Cox, Donald & Rank, Mark R, 1992. "Inter-vivos Transfers and Intergenerational Exchange," The Review of Economics and Statistics, MIT Press, vol. 74(2), pages 305-14, May.
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