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

Cremer, Helmuth; Roeder, Kerstin - 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 old may leave a bequest to their children. Within each...

Persistent link: https://www.econbiz.de/10010370150

The economics of human cloning

Saint-Paul, Gilles - 2000

In this paper, we analyze the extent to which market forces create an incentive for cloning human beings. We show that a market for cloning arises if a large enough fraction of the clone?s income can be appropriated by its model. Only people with the highest ability are cloned, while people at...

Persistent link: https://www.econbiz.de/10001545534

Samuelson's contributions to population theory and overlapping generations in economics

Lee, Ronald Demos - 2019

Paul Samuelson made a series of important contributions to population theory for humans and other species, evolutionary theory, and the theory of age structured life cycles in economic equilibrium and growth. The work is highly abstract but much of it was intended to illuminate issues of...

Persistent link: https://www.econbiz.de/10012027303

Demography and provisions for retirement : the pension composition, a behavioral approach

Praag, Bernard M. S. van; Hop, J. Peter - 2020

Pensions may be provided for in a modern society by a mix of several methods, namely by voluntary individual savings … workers decide on their own individual savings, that the fully-funded occupational system is decided upon by the age cohort of … pension savings are the only sources of capital supply. When capital supply equals demand from industry there is equilibrium …

Persistent link: https://www.econbiz.de/10012160984

Endogenous reversals of fortune

Grâdšṭayn, Marq (contributor) - 2008

The phenomenon of systemic changes in the fortunes of social groups is hard to reconcile with traditional macroeconomic models of intergenerational mobility. This paper, therefore, proposes a theory of endogenous reversal of fortune, whereby instilling strict work norms is an instrument to...

Persistent link: https://www.econbiz.de/10003693707

To draft or not to draft? : Efficiency, generational incidence, and political economy of military conscription

Poutvaara, Panu (contributor); Wagener, Andreas (contributor) - 2005

We study the efficiency and distributional consequences of establishing and abolishing the draft in a dynamic model with overlapping generations, taking into account endogenous human capital formation as well as government budget constraints. The introduction of the draft initially benefits the...

Persistent link: https://www.econbiz.de/10002747990

Opportunity and inequality across generations

Koeniger, Winfried; Zanella, Carlo - 2022

We evaluate a temporary public sector employment program targeted at individuals with weak labor market attachment, applying dynamic inverse probability weighting to account for dynamic selection. We show that the program is successful in increasing employment and reducing social assistance....

Persistent link: https://www.econbiz.de/10012879620

Income inequality, equality of opportunity, and intergenerational mobility

Corak, Miles - 2013

Families, labor markets, and public policies all structure a child's opportunities and determine the extent to which adult earnings are related to family background. Cross-country comparisons and the underlying trends suggest that these drivers will most likely lower the degree of...

Persistent link: https://www.econbiz.de/10009777000

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/10012002423

Fostering within-familiy human capital investment : an intergenerational perspective of social security

Barbie, Martin; Hagedorn, Marcus; Kaul, Ashok - 2002

We develop a general equilibrium stochastic OLG model with heterogenous households. Households differ with respect to their productivity. Productivity depends stochastically on parents' unobservable investment in their child's human capital and an aggregate productivity shock. We introduce a...

Persistent link: https://www.econbiz.de/10011415587

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