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Altruism as a motive for intergenerational transfers

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  • Hiroshi Fujiu
  • Makoto Yano

Abstract

This study investigates the role of altruism as a motive for transfer payments. In the existing literature on altruism, it is generally assumed that a transfer payment is made out of altruism that a transferor feels towards a transferee. This study demonstrates that this is not necessarily the case. By using a dynamic model in which children are altruistic towards parents, it demonstrates that such altruism may induce a parent to give a transfer to children.

Suggested Citation

  • Hiroshi Fujiu & Makoto Yano, 2008. "Altruism as a motive for intergenerational transfers," International Journal of Economic Theory, The International Society for Economic Theory, vol. 4(1), pages 95-114, March.
    • Handle: RePEc:bla:ijethy:v:4:y:2008:i:1:p:95-114
    DOI: 10.1111/j.1742-7363.2007.00070.x
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    Cited by:

    1. David Laibson, 1997. "Golden Eggs and Hyperbolic Discounting," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 112(2), pages 443-478.
    2. Hiroshi Fujiu, 2021. "Business Cycles in a Two-Sided Altruism Model," Mathematics, MDPI, vol. 9(17), pages 1-12, August.
    3. YIN Ting & ZHANG Junchao, 2017. "More Schooling, More Generous? Estimating the effect of education on intergenerational transfers," Discussion papers 17074, Research Institute of Economy, Trade and Industry (RIETI).
    4. Ting Yin & Junchao Zhang, 2022. "More Schooling, More Generous? Estimating the Effect of Education on Intergenerational Transfers†," Asian Economic Journal, East Asian Economic Association, vol. 36(1), pages 22-46, March.

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