Is it true love? Altruism versus exchange in time and money transfers
Giacomo Pasini,
Rob Alessie and
Viola Angelini
No 2011_27, Working Papers from Department of Economics, University of Venice "Ca' Foscari"
Abstract:
This paper investigates what motivates intergenerational time and money transfers. We consider a model in which transfers may be driven not only by altruism, but also by exchange considerations. We use data from the Survey of Health, Ageing and Retirement in Europe (SHARE) to discriminate between the two motives. We show that both if we consider money transfers from parents to children and time transfers from children to parents, the empirical evidence rejects pure altruism in favor of exchange.
Keywords: Intergenerational transfers; altruism; exchange (search for similar items in EconPapers)
JEL-codes: D12 J14 (search for similar items in EconPapers)
Pages: 43
Date: 2011
New Economics Papers: this item is included in nep-age
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Citations: View citations in EconPapers (3)
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Related works:
Journal Article: Is It True Love? Altruism Versus Exchange in Time and Money Transfers (2014) 
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Persistent link: https://EconPapers.repec.org/RePEc:ven:wpaper:2011_27
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