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Old-Age Support in Developing Countries: Labor Supply, Intergenerational Transfers and Living Arrangements
Intergenerational transfers old age support elderly labor supply
2013/10/18
Without broad-based public pension schemes, the majority of the elderly in developing countries are left to rely on their own current and accumulated earnings and support from children as means of old...
Subjective Discount Rates, Intergenerational Transfers and the Return to Schooling
Intergenerational transfers returns to education subjective discount rates
2013/10/17
Using a dynamic programming model of schooling decisions, we investigate the relationship between subjective discount rates and the labor market ability (the discount rate bias) on a panel taken from ...