Is It True Love? Altruism Versus Exchange in Time and Money Transfers

被引：32

作者：

Alessie, Rob ^{[1
,3
]}

Angelini, Viola ^{[1
,3
]}

Pasini, Giacomo ^{[2
,3
]}

机构：

[1] Univ Groningen, Fac Econ & Business, NL-9747 AE Groningen, Netherlands

[2] Ca Foscari Univ Venice, Dept Econ, I-30121 Venice, Italy

[3] Netspar, Network Studies Pens Ageing & Retirement, Tilburg, Netherlands

来源：

ECONOMIST-NETHERLANDS | 2014年 / 162卷 / 02期

关键词：

Intergenerational transfers; Altruism; Exchange; INTER-VIVOS TRANSFERS; INTERGENERATIONAL TRANSFERS; FAMILY;

D O I：

10.1007/s10645-013-9221-5

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper investigates what motivates intergenerational inter-vivos time and money transfers. We consider a model in which transfers may be driven not only by altruism, but also by exchange considerations. We use data from the Survey of Health, Ageing and Retirement in Europe to discriminate between the two motives. We show that both if we consider money transfers from parents to children and time transfers from children to parents, the empirical evidence rejects pure altruism in favor of exchange. This result has important policy implications on the effectiveness of formal care provision as a substitute for informal care and on the impact of taxation on transfers.

引用

页码：193 / 213

页数：21

共 29 条

[1]

Alessie R., 2011, 27WP2011 U CA FOSC V

[2]

Altonji J.G., 2000, SHARING WEALTH, P306

[3] Parental altruism and inter vivos transfers: Theory and evidence [J].