Altruism , Exchange and Crowding Out of Private Support to the Elderly : Evidence from a Demogrant in Mexico

@inproceedings{Juarez2007AltruismE,
  title={Altruism , Exchange and Crowding Out of Private Support to the Elderly : Evidence from a Demogrant in Mexico},
  author={Laura C Juarez},
  year={2007}
}
This paper uses a recent demogrant for the elderly in Mexico City to estimate the e¤ect of an exogenous increase in the income of older individuals on the amount of private transfers they receive. My results show that not controlling for the endogeneity of income replicates the positive or small negative e¤ects of income on the amount of private transfers received obtained by previous work. In contrast, my instrumental variables strategy yields negative and signi…cant income e¤ects, not far… CONTINUE READING