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Altruism, labor supply and redistributive neutrality

Fernandes, Ana

In: Journal of Population Economics, 2011, vol. 24, no. 4, p. 1443-1469

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    Titel
    • Altruism, labor supply and redistributive neutrality
    Autor
    • Fernandes, Ana. Department of Economics, University of Bern, Schanzeneckstrasse 1, P.O.Box 8573, 3001, Bern, Switzerland
    Dokumententyp
    • Postprint
    Sprache
    • Englisch
    Veröffentlicht in
    • Journal of Population Economics, 2011, vol. 24, no. 4, p. 1443-1469. Springer-Verlag
    Andere elektronische Ausgabe
    OAI-PMH-ID
    • oai:doc.rero.ch:321363
    Summary
    This paper presents a model of familial altruism in which labor supply is chosen endogenously. The model is used to address the predictions of Ricardian Equivalence, both theoretical and empirical. It is argued that, to the extent that income variation in the data comes mostly from wage and effort changes, the empirical tests of neutrality are misspecified. Numerical estimates suggest that quantitatively important deviations from neutrality may be at work