Working Paper: CEPR ID: DP2312
Authors: Kai A. Konrad; Harald Knemund; Kjell Erik Lommerud; Julio R. Robledo
Abstract: We study the residential choice of siblings who are altruistic towards their parents. If some sibling moves further away, he or she can shift some of the burden of taking care of the parents to his or her siblings. Thus, siblings have a strategic incentive to move away that only children do not have. Siblings locate further away from parents that only children do not have. Siblings locate further away from parents than only children do, and, for some preferences, asymmetric location patterns emerge. These theoretical predictions are also confirmed by empirical data.
Keywords: family; public goods; voluntary intergenerational transfers
JEL Codes: H41; J10
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| Presence of siblings (J12) | Residential distance from parents (J12) |
| Siblings' altruistic nature and strategic considerations (D64) | Residential distance from parents (J12) |
| Presence of siblings (J12) | Location choices among siblings (J29) |
| Families with two children (J12) | Asymmetric location pattern (R32) |