Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/92739
Authors: 
Yamada, Ken
Year of Publication: 
2003
Series/Report no.: 
ISER Discussion Paper, Institute of Social and Economic Research, Osaka University 575
The ISER-Moriguchi Prize Awarded Paper 5
Abstract: 
Classified broadly, two motives for intra-family transfers exist: altruism and selfishness. This paper examines two selfish hypotheses - the exchange motive (strategic bequest motive)and the demonstration effect - using a new Japanese micro data set. My analysis of the determinants of intergenerational co-residence, distance between residences, and frequency of contact yields considerable support for the exchange motive but no support for the demonstration effect. The findings are consistent with the exchange motive after distinguishing it from mutual altruism using a specific question.
Subjects: 
Intra-family transfers
Bequest motives
Co-residence
JEL: 
J1
Document Type: 
Working Paper

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