3 edition of On intergenerational altruism, fertility, and the persistence of economic status found in the catalog.
On intergenerational altruism, fertility, and the persistence of economic status
Written in English
|Statement||by Casey Bryant Mulligan.|
|LC Classifications||Microfilm 94/3027 (H)|
|The Physical Object|
|Pagination||iv, 243 leaves|
|Number of Pages||243|
|LC Control Number||94629397|
A Theory of Intergenerational Altruism Simone Galperti Bruno Strulovici UC, San Diego Northwestern University Janu Abstract Modeling intergenerational altruism is crucial to evaluate the long-term conse-quences of current decisions, and requires a set of principles guiding such by: On the assumption that genetic inheritage and experience during adolescence influence the taste for children, the characteristics of a couple's parents may be used to improve on the explanation of fertility which can be obtained from variables that only refer to the couple itself. We find that in Israel fertility depends positively on the mother's siblings and negatively on the grandfathers Cited by:
What determines whether children grow up to be rich or poor? Arguing that parental actions are some of the most important sources of wealth inequality, Casey B. Mulligan investigates the transmission of economic status from one generation to the next by constructing an economic model of Price: $ A reformulation of the economic theory of fertility. Quarterly Journal of Economics (February): On intergenerational altruism, fertility, and the persistence of economic status. Ph.D. diss., University of Chicago. Google Scholar. Parfit, by:
On Intergenerational Altruism, Fertility, and the Persistence of Economic Status; Casey B. Mulligan; Ph.D Dissertation, University of Chicago, "Transitional Dynamics in Two-Sector Models of Endogenous Growth.". 3 Fertility research and the theory of planned behavior Predicting fertility behavior from intentions Perceived control as a proxy for actual control Effects of attitudes, subjective norms and perceived control on fertility intentions Effects of compatibility Effects of background factors Cited by:
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Get this from a library. On intergenerational altruism, fertility, and the persistence of economic status. [Casey B Mulligan]. Intergenerational persistence is high in the United States. Estimates for the intergenera-tional elasticity or correlation (IGE/IGC) of earnings is as high asand wealth, con-sumption, schooling and poverty are also persistent across generations.1 Understand-ing this degree of persistence, along with disentangling the respective contributions of.
These conditions imply that fertility in open economies depends positively on the world's long-term real interest rate, the degree of altruism, and the growth of child-survival probabilities; and. We find a large degree of intergenerational persistence as fertility economic preferences of mothers and fathers are significantly positively related to their children’s economic preferences.
Importantly, we find that socio-economic status of a family has no explanatory power as soon as we control for parents’ economic : Shyamal K. Chowdhury, Matthias Sutter, Klaus F.
Zimmermann. Intergenerational Mobility and the Transmission of Inequality: An Empirical Study Using Longitudinal Data. Natural Inheritance. On Intergenerational Altruism, And the persistence of economic status book, and the Persistence of Economic Status." ().Author: Honggao Cao. Intergenerational Altruism, Fertility, and the Persistence of Economic Status.” ().
Intergenerational Income Mobility in the United States." American Economic Review 82(3) Tomes, (). Investing in Children: New Estimates of Parental Expenditures. Author: F.A. Veloso. Much of the latter is determined by early investments in children, so that borrowing constraints faced by young parents are important for understanding the persistence of economic status across generations.
Education subsidies, especially early on, can significantly reduce the intergenerational persistence of economic by: 6. E.C. Norton, in Handbook of the Economics of Population Aging, Inter-vivos Transfers. Inter-vivos transfers of money from parents to their children are common.
In the United States, these transfers amount to hundreds of billions of dollars per year (Gale and Scholz, ).Economic reasons for inter-vivos transfers include exchange, altruism, within-family insurance contracts.
Notes: Intergenerational – PSID data on life cycle income, labor earnings and wealth for parents and their adult children are used to compute the persistence of earnings, the Gini of earnings, the earnings–income correlation, and the Gini of is restricted to married/cohabiting couples.
The income elasticity of fertility and the average fertility level are computed by Cited by: 8. In the case of intergenerational transmission of preferences, the economic literature has extensively shown that parents influence the child's preference (Bisin and Verdier, ;Fernández et al. Fertility Altruism Inequality Intergenerational persistence abstract Dynastic altruistic models with endogenous fertility have been shown to be unable to generate enough intergenerational persistence.
Using a Bewley model with endogenous fertility we show that it is possible to recover persistence. Key ingredients for our result.
correlation between parent-in-law and children socio-economic status as measure of this channel. Esping-Andersen b discusses the contribution of fertility to intergenerational persistence: if richer and better-educated families are more fertile, intergenerational mobility is enhanced.
KEYWORDS: Family altruism, human capital, inequality, intergenerational prefer-ence transmission, parenting style, paternalism, world value survey.
INTRODUCTION FROM TIME IMMEMORIAL, parents have been looking for advice on how to best raise their children. The Bible urges parents to be strict and to dispense generous corporalFile Size: KB. Recent empirical studies show that the intergenerational persistence of economic status in the U.S.
is much higher than previously thought. We develop a quantitative theory of inequality and intergenerational transmission of human capital where parents invest in early and college education of their children subject to borrowing constraints.
C “On Intergenerational Altruism, Fertility, and the Persistence of Economic Status.” PhD Dissertation, Department of Economics, University of Chicago, August C “U.S. Money Demand: Surprising Cross-Sectional Estimates.” Brookings Papers on Economic Activity,(with Xavier Sala-i-Martin).
Intergenerational income immobility in Finland: welfare state, persistence in economic status across generations is much higher than previously thought.
Keyword Intergenerational explanations panel the child, αis the weight placed on altruism, and (1. NBER Program(s):Children, Development Economics, Economic Fluctuations and Growth.
We develop a theory of parent-child relations that rationalizes the choice between alternative parenting styles (as set out in Baumrind ). Parents maximize an objective function that combines Beckerian altruism and paternalism towards children.
intergenerational persistence in literacy status, social status and occupations. We also study the timing of change to better understand the forces that underlie economic, social and institutional change in France.
For instance did the rise in literacy precede or follow the decline in fertility. Did the French. Restuccia, Diego and Urrutia, Carlos () Intergenerational persistence of earnings: the role of early and college education. American Economic Review 94 (5), – Solon, Gary () Intergenerational income mobility in the United by: 1.
Parental Priorities and Economic Inequality [Casey B. Mulligan]. What determines whether children grow up to be rich or poor. Arguing that parental actions are some of the most important sources of wealth inequality, Casey B.
Mulligan investigates thAuthor: Casey B. Mulligan. enough intergenerational persistence. Using a Bewley model with endogenous fertility we show that it is possible to recover persistence. Key ingredients for our result include exponential child discounting, discrete number of children, diminishing costs of child rearing, and an elasticity of intergenerational substitution larger than one.
The present paper explores the impact of an intergenerational externality on private fertility decisions, under a pay-as-you-go social security system. The analysis is performed in the framework of a steady state growth model, with overlapping generations. To explain why households have children, altruism between parents and children is assumed.
Surprisingly, the effects of altruism Cited by: 8.6: The Evolution of Economic Inequality in the United States 7: The Intergenerational Dynamics of Consumption, Earnings, Income, and Wealth 8: Borrowing Constraints and the Persistence of Inequality 9: The Biological Origins of Altruism Classical Discussions of Altruism Intergenerational Altruism and Inequality within the Family