We propose a direct measure of altruism between parents and adult children, using survey data on happiness from the German Socio-Economic Panel for the years 2000–2004. The question of altruism within families has policy relevance, for example, to understand whether public transfers crowd out private ones. Previous empirical evidence, based on observed transfer behavior, has failed to establish a clear ...
In:
Journal of Population Economics
24 (2011), 3, 1033-1051
| Johannes Schwarze, Rainer Winkelmann