The taxation of bequests has long been and still is subject to intensive discussions in many industrialized countries. Triggered by these discussions, Verena Kley analyzes the taxation of bequests from economic perspectives, focusing on wealth transfers of very rich individuals. Given empirical...

Introduction -- A Brief Survey of the Literature -- The Closed Economy: The Solow Model -- Overlapping Generations -- Infinite Horizon -- The Small Open Economy: The Solow Model -- Overlapping Generations -- Two Countries: The Solow Model -- Synopsis -- Conclusion -- Result

This volume explores intergenerational practices and their impact on social sustainability, with an emphasis on developing programmatic efforts to address profound social challenges such as underperforming educational and work-related systems, failing support systems for dependent or vulnerable...

The rising role of intra- and intergenerational transfers (e.g. basic income, child benefit and public pensions) characterises modern economies, yet most models depicting these transfers are too sophisticated for a wider but mathematically trained audience. This book presents simple models to...

DICE-2013R and Other Integrated Assessment Models -- Consumer Sovereignty vs. Intergenerational Equity: An Overview of the Stern-Nordhaus Debate -- Intergenerational Discounting and Overlapping Generations Models -- Intergenerational Discounting in the DICE Model.

Basics -- Economic Growth and Natural Resources -- Efficiency and Market Equilibrium under Resource Abundance -- Intergenerational Efficiency in Log-linear Cobb-Douglas OLG Models -- Intertemporal Market Equilibrium and Short-Run Intergenerational Efficiency -- Steady-State Market Equilibrium,...

This volume analyzes intergenerational solidarity from diverse interdisciplinary angles within the social sciences. It provides analytical tools to advance research and documents how societies are adjusting to major changes that affect the core of the social fabric

Forecasts predict that those in need of long-term care in Europe will double in the next 50 years. This book offers a full understanding of the institutional responses and mechanisms in place to finance old age and provides analysis of demand and supply factors underpinning the development of...

The Business of Giving reviews current thinking and surveys the key techniques any philanthropist or grantmaker should adopt. It also outlines a generic social investment process that can be utilized for all philanthropic or grantmaking programmes. Essential reading for all engaged in or with an...