The objective of this paper is to analyse the intergenerational transmission mechanisms within a theoretical framework which presumes a heterogeneous family structure. For that, we propose a modified version of the Becker and Tomes model (1986) by assuming that there are two groups of children:...

This article concerns a relatively unknown phenomenon in marketing that has become, however, extremely popular among older adults: legacy writing. While the writing of "ego-documents" has been the subject of many studies in gerontology, sociology and, above all, literature, research in marketing...

Despite the increasing prevalence of dual-earner couples, women still perform the bulk of domestic and parental tasks within the household. In this paper, we investigate the role of the parental model in the persistence of this gender inequality. We study the possible correlation between the...

Policymakers have good reasons to prefer capital-based policies - such as CAFE standards or feebates programs - over a carbon price. A carbon price minimizes the discounted cost of a climate policy, but may result in existing capital being under-utilized or scrapped before its scheduled...

We propose an ethical viewpoint based on the possibility of the realization of the worst-case scenario in order to reduce future generations risks in terms of discounting. Applied to the question of conservation of a renewable resource, we show that an economy, where the social planner takes...

This paper analyzes the double dividend and distributional issues within an overlapping generations models framework with involuntary unemployment. We characterize the necessary conditions for the obtention of a double dividend when the revenue of the environmental tax is recycled by a variation...

There are two main approaches for defining social welfare relations for an economy with infinite horizon. The first one is to consider the set of intertemporal utility streams generated by a general set of bounded consumptions and define a preference relation between them. This relation is...

We defend a methodology of discounting, for the evaluation of the long-term effects of climate policies, which relies on a social welfare objective, against the view that the market rate of return should be used for that purpose. We also show that in the long run, the discount rate for such...