level of intergenerational altruism and have an endogenous labor supply. The main results is that public debt is neutral at …

of the intergenerational degree of altruism. Despite individuals’ altruism, the competitive equilibrium is not optimal …

well-being of others as well as with his own, or are there situations in which altruism can actually make things worse for …

existence of altruism and exchange between two successive generations. The empirical findings support the notion that … intergenerational transfers are motivated by altruism. They do not support the presence of an exchange motive. …

The idea of family altruism is that parents care only about their children's income and not about the use of this … income made by the children. First, we establish dynamical properties which place the OLG model with family altruism halfway … between the model with pure life-cyclers (Diamond (1965)) and the one with dynastic altruism (Barro (1974)). Then, we show …

model in which altruism is limited. The effects of public debt are studied under two different types of assumptions. The …

in which individuals are distinguished according to two characteristics, altruism and wealth preference, we show that … those who in the long run hold the bulk of private capital are not so much motivated by dynastic altruism as by preference … seem to fit reality better than those obtained with standard optimal growth models in which dynastic altruism (or rate of …