Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7348661 | Economics Letters | 2018 | 9 Pages |
Abstract
In a non-cooperative Nash game in which children compete for their parents' financial transfers, we demonstrate that if the children's attention is sufficiently perceived by elderly parents as a merit good, then a payroll tax hike might increase children's attention devoted to elderly parents, thereby reducing the labor supply of grown-up children and possibly reducing elderly pension benefits.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Akira Yakita,