Altruism, labor supply and redistributive neutrality

Abstract

Ricardian Equivalence, Endogenous labor supply, Private information, D19, D64, D82,

Analyzing motives for money-transfers within families: the role of transfers for education

“…Nonetheless, these reformulated models of altruism are most often rejected. More recently, Fernandes (2011) again takes up a pure altruistic model and incorporates endogenous labor supply, children's effort and private information; changes which allow her to reconcile the implications of the extended altruistic model with empirical evidence. The empirical evidence regarding the exchange motivation for parental transfers does not obtain clear results either.…”