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来源类型Working Paper
规范类型报告
DOI10.3386/w9745
来源IDWorking Paper 9745
Why Parents Play Favorites: Explanations for Unequal Bequests
Audrey Light; Kathleen McGarry
发表日期2003-06-02
出版年2003
语种英语
摘要Economists have invested a great deal of effort in trying to understand the motivation for family transfers, yet recent empirical work testing the seemingly appealing models of altruism and exchange has led to decidedly mixed results. A major stumbling block has been the lack of adequate data. We take a fresh look at the issue using responses to an innovative survey question that directly asks mother about the planned division of their estates. We find that both altruism and exchange are frequently offered as explanations of behavior and are of nearly equal importance. Furthermore, the explanations are consistent with observable characteristics of the mother, lending support to the validity of the question. We also find that among step or adopted families, genetic ties play an important role. Because motivating factors appear to differ across families the lack of a consensus among previous researchers about motives ought not to be surprising.
主题Microeconomics ; Households and Firms
URLhttps://www.nber.org/papers/w9745
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/567369
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GB/T 7714
Audrey Light,Kathleen McGarry. Why Parents Play Favorites: Explanations for Unequal Bequests. 2003.
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