Publication in refereed journal
香港中文大学研究人员 ( 现职)
| 张俊森教授 (经济学系) |
全文
| 数位物件识别号 (DOI) http://dx.doi.org/10.1016/S0167-2681(01)00166-4 |
引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/5WOS source URL
其它资讯
摘要The intersection of the standard altruism hypothesis with the quite strong evidence that bequests tend to be equal suggests that inter-vivos transfers should be strongly compensatory. Yet the available evidence is not in congruence with this implication. It has therefore been inferred that the motive underlying inter-vivos transfers is not parental altruism. In this paper we present an argument showing why parents who are equally altruistic toward their children optimally transfer more to the child whose earnings are higher. We show that rather than being orthogonal to parental altruism, counter-compensating transfers emanate from such altruism. A key point in the analysis is that parents and children are interlinked in a rich web of (vertical and possibly horizontal) transfers, reverse transfers, direct transfers, and indirect transfers. (C) 2002 Elsevier Science B.V. All rights reserved.
着者Stark O, Zhang JS
期刊名称Journal of Economic Behavior and Organization
出版年份2002
月份1
日期1
卷号47
期次1
出版社ELSEVIER SCIENCE BV
页次19 - 2http://aims.cuhk.edu.hk/converis/portal/Publication/5
国际标準期刊号0167-2681
电子国际标準期刊号1879-17http://aims.cuhk.edu.hk/converis/portal/Publication/51
语言英式英语
关键词inter-vivos transfers; parental altruism
Web of Science 学科类别Business & Economics; Economics; ECONOMICS
