Abstract
We study the residential choice of siblings who are altruistic towards their parents. The firstborn child's location choice influences the behavior of the second-born child and can shift some of the burden of providing care for the parents from one child to the other. These strategic considerations lead to an equilibrium location pattern with firstborn children locating further away from their parents than second-born children. We also analyze the location choices empirically using German data. These data confirm our theoretical predictions
| Item Type: | Paper |
|---|---|
| Keywords: | Family public goods; voluntary intergenerational transfers |
| Faculties: | Economics > Chairs > MPI for Tax Law and Public Finance |
| Subjects: | 300 Social sciences > 330 Economics |
| JEL Classification: | H41, J10 |
| ISSN: | 0002-8282 |
| Place of Publication: | Berlin |
| Language: | English |
| Item ID: | 24429 |
| Date Deposited: | 31. Mar 2015, 08:10 |
| Last Modified: | 03. Mar 2017, 10:54 |
Actions (login required)
- View Item
