Altruism and Exchange in Intergenerational Transfers: The Demand for Children Emergency Room Articles
Overview
published in
- Modern economy Journal
publication date
- January 2013
start page
- 1
end page
- 9
issue
- 1
volume
- 4
Digital Object Identifier (DOI)
International Standard Serial Number (ISSN)
- 2152-7245
Electronic International Standard Serial Number (EISSN)
- 2152-7261
abstract
- In this paper, we analyze the role of income as a determinant of parents' care for children. We show that the answer depends on whether Altruism or Exchange motives are the factors that explain intergenerational transfers. We then de-velop a test to discriminate between these alternatives. Unlike previous approaches, this test focuses on measures of parents' efforts on child care that are essentially non-monetary. Using data from the United States, we find a negative relationship between family income and the frequency of children's emergency room utilization which cannot be ex-plained by several alternative controlling factors. In our framework, this is interpreted as evidence against the null of prominently altruistic behavior.
Classification
keywords
- intergenerational transfers; altruism; infant health demand