EQUAL BEQUESTS AND PARENTAL ALTRUISM - COMPATIBILITY OR ORTHOGONALITY

Authors
STARK O
Citation
O. Stark, EQUAL BEQUESTS AND PARENTAL ALTRUISM - COMPATIBILITY OR ORTHOGONALITY, Economics letters, 60(2), 1998, pp. 167-171
Citations number
7
Categorie Soggetti
Economics
Journal title
Economics letters → ACNP
ISSN journal
01651765
Volume
60
Issue
2
Year of publication
1998
Pages
167 - 171
Database
ISI
SICI code
0165-1765(1998)60:2<167:EBAPA->2.0.ZU;2-L
Abstract
The large amount of equal division of bequests by parents who otherwis e would have compensated the earning differences among their children is attributed to the cost associated with unequal bequests. This paper identifies a source of this cost and explains why equal bequests to c hildren whose earnings differ, and parental altruism toward these chil dren, are not mutually exclusive. (C) 1998 Elsevier Science S.A. All r ights reserved.