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Pareto-improving intergenerational transfers
Wigger, Berthold U. - 2000
In the presence of endogenous growth intergenerational transfer from the young to the old reduce per capita income growth and harm future generations. On the other hand, competitive equilibria are inefficient if externalities sustain long-run growth. This paper shows that if individuals retire...
Persistent link: https://www.econbiz.de/10009781561
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Transfers within a three generations family : when the rotten dids turn into altruistic parents
Cremer, Helmuth; Roeder, Kerstin - 2014
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal …
Persistent link: https://www.econbiz.de/10010370317
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Worldviews and intergenerational altruism : a comparison of Turkish people living in Turkey and Germay
Akkemik, Kucik Ali; Bulut, Mehmet; Dittrich, Marcus; … - 2017
In this paper, we examine and compare the impact of cultural differences on intergenerational altruism in Turkish …
Persistent link: https://www.econbiz.de/10011624230
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Heterogeneous bequests and social inequalities
Borissov, Kirill; Bosi, Stefano; Thai Ha Huy; Pakhnin, … - 2023
We study a growth model with two types of agents who are heterogeneous in their degree of family altruism. We prove … that every equilibrium path converges to a unique steady state, and study the effect of altruism on the properties of … steady-state equilibrium. We show that aggregate income is positively related to both level of altruism and altruism …
Persistent link: https://www.econbiz.de/10014384038
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Mobility and the role of education as a commitment device
Thum, Claudio; Übelmesser, Silke - 2001
European integration forces system competition within European countries. This competition has important implications for both the public pay-as-you-go pension scheme and the public education system. Without labor mobility, each generation has an incentive to invest in the human capital of the...
Persistent link: https://www.econbiz.de/10011398123
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Gerontocracy revisited : unilateral transfer to the young may benefit the middle-aged
Poutvaara, Panu - 2001
It has been argued that in the absence of altruism, intergenerational transfers can survive only if the old are net …
Persistent link: https://www.econbiz.de/10011398916
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Ageing and fiscal imbalances across generations : concepts of measurement
Fenge, Robert; Werding, Martin - 2003
In the literature, several approaches have been taken to measure the impact of demographic ageing on public pension schemes, with particular attention being paid to potential fiscal imbalances across the generations involved in demographic transition. In this paper, we review three of these...
Persistent link: https://www.econbiz.de/10011514130
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Intra-generational externalities and inter-generational transfers
Kolmar, Martin (contributor); Meier, Volker (contributor) - 2005
In an environment with asymmetric information the implementation of a first-best efficient Clarke-Groves-Vickrey (D’Aspremont-Gérard-Varet) mechanism may not be feasible if it has to be self-financing. By using intergenerational transfers, the arising budget deficit can generally be covered...
Persistent link: https://www.econbiz.de/10002756268
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Dynastic human capital, inequality and intergenerational mobility
Adermon, Adrian; Lindahl, Mikael; Palme, Mårten - 2019
We study the importance of the extended family - the dynasty - for the persistence in inequality across generations. We use data including the entire Swedish population, linking four generations. This data structure enables us to identify parents' siblings and cousins, their spouses, and the...
Persistent link: https://www.econbiz.de/10012001644
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Intergenerational transmission of preferences and parental behaviours
Coda Moscarola, Flavia; Del Boca, Daniela; Paladino, … - 2024
This paper investigates the intergenerational transmission of preferences between parents and their children, examining the transmission of patience, propensity to save, and conscientiousness. We explore the role of specific parental behaviours, such as sharing financial information, in this...
Persistent link: https://www.econbiz.de/10014463574