Article ID Journal Published Year Pages File Type
7348661 Economics Letters 2018 9 Pages PDF
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.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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