Is the Japanese Extended Family Altruistically Linked? A Test Based on Engel Curves
Altruism has the well-known neutrality implication that the family's demand for commodities is invariant to the division of resources within the family. The author tests this by estimating Engel curves on a cross section of Japanese extended families forming two-generation households. He finds that the pattern of food expenditure is significantly affected by the division of resources. The food components whose budget share increases with the older generation's share of household income are precisely those favored by the old, such as cereal, seafood, and vegetables. Copyright 1995 by University of Chicago Press.
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- Hayashi, Fumio, 1995.
"Is the Japanese Extended Family Altruistically Linked? A Test Based on Engel Curves,"
Journal of Political Economy,
University of Chicago Press, vol. 103(3), pages 661-74, June.
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- Joseph G. Altonji & Fumio Hayashi & Laurence J. Kotlikoff, 1989. "Is the Extended Family Altruistically Linked? Direct Tests Using Micro Data," NBER Working Papers 3046, National Bureau of Economic Research, Inc.
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Journal of Human Resources,
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