 A note on altruism and caregiving in the family: do prices matter?Review of Economics of the Household, 2014, vol. 12, issue 3, 487-491 Abstract: Exchanges of work for money and altruism are two alternative explanations for bequests, transfers from children to older parents, and in-family caregiving. Such exchanges may also occur in couples living together and are therefore a major theme in economic analyses of marriage. This note emphasizes two ways that the literature on altruism and inter-generational monetary transfers and the economic literature on marriage can enrich each other: the concept of price for in-family caregiving can be expanded along the lines of the analysis of Work-In-Household and market analyses of marriage can pay more attention to altruism as an alternative explanation for observed behaviors such as labor supply or consumption. Copyright Springer Science+Business Media New York 2014 Keywords: Altruism; Love; Caregiving; Family; Childcare; Elder care; D12; D13; D14; E21; I12; J12; J13; J14; J22; J26; Z13 (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:kap:reveho:v:12:y:2014:i:3:p:487-491 Ordering information: This journal article can be ordered from DOI: 10.1007/s11150-014-9260-y Access Statistics for this article Review of Economics of the Household is currently edited by Shoshana Grossbard More articles in Review of Economics of the Household from Springer |
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