Rapoport, Hillel; Vidal, Jean-Pierre - Department of Economics, Bar Ilan University - 2003
conducive to growth than others, economic growth also contributes to the formation of particular tastes (Becker, 1996). In this … economic growth. We derive three main results from this general equilibrium framework. First, we show that individuals … endogenous formation of altruism is more likely to occur at later stages of economic growth. Finally, we show that low interest …