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Transfers within a three generations family: when the rotten kids turn into altruistic parents

Cremer, Helmuth; Roeder, Kerstin - Volkswirtschaftliche Fakultät, … - 2014

We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal … care provided to their parents and education expenditures for their children. The young enjoy their education, while the … period and that parents invest in the education of their children. We show that Becker’s rotten kids theorem holds for the …

Persistent link: https://www.econbiz.de/10011210872

Fuzzy sets from the ethics of social preferences

Alcantud, José Carlos R. - Volkswirtschaftliche Fakultät, … - 2013

We show that the problem of evaluating infinite sequences (or streams) of utilities by a unique utility (or social welfare function) can be stated in terms of fuzzy subsets of the set of infinite utility sequences. For each stream, its evaluation can be viewed as its degree of membership to the...

Persistent link: https://www.econbiz.de/10011260074

Developing the concept of Sustainable Peace using Econometrics and scenarios granting Sustainable Peace in Colombia by year 2019

Gomez-Sorzano, Gustavo - Volkswirtschaftliche Fakultät, … - 2007

This paper belongs to my research program on violence and terrorism started in 1993, as a consequence of the growing concern regarding the increase in Colombian violence, and especially for its escalation during the 1990’s. After 14 years of research, particularly after developing a model of...

Persistent link: https://www.econbiz.de/10005621672

Sequential lending with dynamic joint liability in micro-finance

Chowdhury, Shyamal; Roy Chowdhury, Prabal; Sengupta, Kunal - Volkswirtschaftliche Fakultät, … - 2014

This paper develops a theory of sequential lending in groups in micro-finance that centers on the notion of dynamic incentives, in particular the simple idea that default incentives should be relatively uniformly distributed across time. In a framework that allows project returns to accrue over...

Persistent link: https://www.econbiz.de/10011108610

Frequency of trade and the determinacy of equilibrium in economies of overlapping generations

d'Albis, Hippolyte; Augeraud-Véron, Emmanuelle - Volkswirtschaftliche Fakultät, … - 2012

Demichelis and Polemarchalis (2007) highlighted the role played by the frequency of trade on the degree of indeterminacy of equilibrium in economies of overlapping generations. Assuming that time has a finite starting point and extends into the infinite future, they prove that the degree of...

Persistent link: https://www.econbiz.de/10011259866

Resource Market Power and Levels of Knowledge in General Equilibrium

Marz, Waldemar; Pfeiffer, Johannes - Volkswirtschaftliche Fakultät, … - 2015

We analyze monopoly power in a market for a complementary fossil resource like oil in a two country/two period model with international trade in general equilibrium. Focusing on the complex interplay of capital and resource market, we elaborate how these effects feed back into the resource...

Persistent link: https://www.econbiz.de/10011234837

Price volatility and risk exposure: on the interaction of quota and product markets

Baldursson, Fridrik M.; Fehr, Nils-Henrik M. von der - Volkswirtschaftliche Fakultät, … - 2009

We consider an industry with firms that produce a final good emitting pollution to different degree as a side effect. Pollution is regulated by a tradable quota system where some quotas may have been allocated at the outset, i.e. before the quota market is opened. We study how volatility in...

Persistent link: https://www.econbiz.de/10004961500

An axiomatic approach to sustainable development

Chichilnisky, Graciela - Volkswirtschaftliche Fakultät, … - 1995

The paper proposes two axioms that capture the idea of sustainable development and derives the welfare criterion that they imply. The axioms require that neither the present nor the future should play a dictatorial role. Theorem 1 shows there exist sustainable preferences, which satisfy these...

Persistent link: https://www.econbiz.de/10005836308

A micro view on home equity withdrawal and its determinants. Evidence from Dutch households

Ebner, André - Volkswirtschaftliche Fakultät, … - 2010

Home equity is the most important part of a household portfolio, but only recently has it become more accessible through innovations in the mortgage market and financial deregulation. This study looks at the factors driving home equity withdrawal on a household level using Dutch survey data and...

Persistent link: https://www.econbiz.de/10008496690

Agricultural productivity and mortality: evidence from Kagera, Tanzania

Ikegami, Munenobu - Volkswirtschaftliche Fakultät, … - 2009

We ask whether prime-age adult mortality due to HIV/AIDS decreases the endowment of knowledge for agricultural production in Kagera, Tanzania, reducing total factor productivity. We also quantify how much this negative effect contributes to the decrease in long-term household agricultural income...

Persistent link: https://www.econbiz.de/10005105709

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