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Optimal timing in the problem of family farm transfer from parent to child: an option value approach

  • Miljkovic, Dragan

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File URL: http://www.sciencedirect.com/science/article/B6VBV-3YYTFBM-B/2/aa4e334bb657979594efef59e3ea7988
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Article provided by Elsevier in its journal Journal of Development Economics.

Volume (Year): 61 (2000)
Issue (Month): 2 (April)
Pages: 543-552

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Handle: RePEc:eee:deveco:v:61:y:2000:i:2:p:543-552
Contact details of provider: Web page: http://www.elsevier.com/locate/devec

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  1. Gary S. Becker & Kevin M. Murphy, . "The Family and the State," University of Chicago - Population Research Center 87-15, Chicago - Population Research Center.
  2. Shleifer, Andrei & Summers, Lawrence H. & Bernheim, B. Douglas, 1986. "The Strategic Bequest Motive," Scholarly Articles 3721794, Harvard University Department of Economics.
  3. Ayal Kimhi & Noga Nachlieli, 2001. "Intergenerational Succession on Israeli Family Farms," Journal of Agricultural Economics, Wiley Blackwell, vol. 52(2), pages 42-58.
  4. Altig, David & Davis, Steve J., 1989. "Government debt, redistributive fiscal policies, and the interaction between borrowing constraints and intergenerational altrusim," Journal of Monetary Economics, Elsevier, vol. 24(1), pages 3-29, July.
  5. Laurence J. Kotlikoff & Avia Spivak, 1979. "The Family as an Incomplete Annuities Market," NBER Working Papers 0362, National Bureau of Economic Research, Inc.
  6. David Altig & Steve J. Davis, 1989. "The timing of intergenerational transfers, tax policy, and aggregate savings," Working Paper 8917, Federal Reserve Bank of Cleveland.
  7. Cox, Donald, 1987. "Motives for Private Income Transfers," Journal of Political Economy, University of Chicago Press, vol. 95(3), pages 508-46, June.
  8. Kimhi, Ayal, 1998. "Institutional Environment, Ideological Commitment, and Farmers' Time Allocation: The Case of Israeli Moshavim," Economic Development and Cultural Change, University of Chicago Press, vol. 47(1), pages 27-44, October.
  9. McDonald, Robert & Siegel, Daniel, 1986. "The Value of Waiting to Invest," The Quarterly Journal of Economics, MIT Press, vol. 101(4), pages 707-27, November.
  10. Laurence J. Kotlikoff, 1987. "Intergenerational Transfers and Savings," NBER Working Papers 2237, National Bureau of Economic Research, Inc.
  11. Guinnane, Timothy W., 1992. "Intergenerational transfers, emigration, and the rural Irish household system," Explorations in Economic History, Elsevier, vol. 29(4), pages 456-476, October.
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