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Intergenerational transfers and savings
Kotlikoff, Laurence J. - 1987
Persistent link: https://www.econbiz.de/10000723751
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Generational policy
Kotlikoff, Laurence J. - 2003
Persistent link: https://www.econbiz.de/10001830943
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Generational Policy
Kotlikoff, Laurence J. - 2001
Generational policy is a fundamental aspect of a nation's fiscal affairs. The policy involves redistributing resources across generations and allocating to particular generations the burden of paying the government's bills. This chapter of the second edition of The Handbook of Public Economics...
Persistent link: https://www.econbiz.de/10012470563
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Intergenerational Transfers and Savings
Kotlikoff, Laurence J. - 1987
bequests among children, are strongly at adds with the altruism model. Other explanations involving imperfect insurance …
Persistent link: https://www.econbiz.de/10012476831
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The Role of Intergenerational Transfers in Aggregate Capital Accumulation
Kotlikoff, Laurence J. - 1980
This paper uses historicaI U.S. data to directly estimate the contribution of intergenerational transfers to aggregate capital accumulation. The evidence presented indicates that intergenerational transfers account for the vast majority of aggregate U .S. capital formation; only a negligible...
Persistent link: https://www.econbiz.de/10012478700
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When Interest Rates Go Low, Should Public Debt Go High?
Brumm, Johannes; Feng, Xiangyu; Kotlikoff, Laurence J.; … - National Bureau of Economic Research - 2021
Is deficit finance, explicit or implicit, free when borrowing rates are routinely lower than growth rates? Specifically, can the government make all generations better off by perpetually taking from the young and giving to the old? We study this question in simple closed and open economies and...
Persistent link: https://www.econbiz.de/10012585435
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Generational Policy
Kotlikoff, Laurence J. - 2021
Generational policy is a fundamental aspect of a nation's fiscal affairs. The policy involves redistributing resources across generations and allocating to particular generations the burden of paying the government's bills. This chapter of the second edition of The Handbook of Public Economics...
Persistent link: https://www.econbiz.de/10013231998
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Intergenerational Transfers and Savings
Kotlikoff, Laurence J. - 2021
bequests among children, are strongly at adds with the altruism model. Other explanations involving imperfect insurance …
Persistent link: https://www.econbiz.de/10013247420
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The Role of Intergenerational Transfers in Aggregate Capital Accumulation
Kotlikoff, Laurence J.; Summers, Lawrence H. - 2021
This paper uses historicaI U.S. data to directly estimate the contribution of intergenerational transfers to aggregate capital accumulation. The evidence presented indicates that intergenerational transfers account for the vast majority of aggregate U .S. capital formation; only a negligible...
Persistent link: https://www.econbiz.de/10013212379
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Making Bequests Without Spoiling Children : Bequests as an Implicit Optimal Tax Structure and the Possibility That Altruistic Bequests are not Equaliz
Kotlikoff, Laurence J. - 1988
This paper examines the bequest\gift behavior of altruistic parents who do not know their children's abilities and … cannot observe their children's work effort. Parents are likely to respond to this information problem by making larger … bequests to higher earning children and by using their transfers implicitly either to tax at the margin low earning children or …
Persistent link: https://www.econbiz.de/10012476325