This paper explores the differential incidence of consumption-tax policy in an overlapping generations model with a market-produced elderly care service. When a child cares about the welfare of his parents, the incidence depends on the tax treatment of care expenditure. If this expenditure is...

This paper explores the Nash equilibrium dynamics of environmental and human capital in an overlapping generations model. Environmental capital is degraded by consumption but can be improved by the voluntary provision of environmental goods. Human capital is formed by a child's learning effort...