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Transfers within a three generations family: when the rotten kids turn into altruistic parents
Cremer, Helmuth; Roeder, Kerstin - Institut d'Économie Industrielle (IDEI), Toulouse … - 2014
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal …
Persistent link: https://www.econbiz.de/10011240553
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Transfers within a three generations family: when the rotten kids turn into altruistic parents
Cremer, Helmuth; Roeder, Kerstin - Toulouse School of Economics (TSE) - 2014
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal …
Persistent link: https://www.econbiz.de/10011240618
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Transfers within a three Generations Family: When the Rotten Kids Turn into Altruistic Parents
Cremer, Helmuth; Roeder, Kerstin - CESifo - 2014
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal …
Persistent link: https://www.econbiz.de/10010790169
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Transfers within a three generations family: When the rotten kids turn into altruistic parents
Cremer, Helmuth; Roeder, Kerstin - In: Economics Letters 124 (2014) 3, pp. 392-395
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal …
Persistent link: https://www.econbiz.de/10011041661
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Temptation and social security in a dynastic framework
Kumru, Cagri S.; Tran, Chung - In: European Economic Review 56 (2012) 7, pp. 1422-1445
environment PAYG social security works as a self-control cost reducing device. In contrast, the presence of altruism induces … further mitigated relative to the environments that incorporate altruism and self control issues separately. However, the …
Persistent link: https://www.econbiz.de/10010580678
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Renewable resource and capital with a joy-of-giving resource bequest motive
Bréchet, Thierry; Lambrecht, Stéphane - In: Resource and Energy Economics 33 (2011) 4, pp. 981-994
In this article we ask whether a privately owned natural renewable resource can be conserved and managed efficiently when households have a joy-of-giving resource bequest motive. We model an overlapping generations economy in which firms have access to a CES production technology combining the...
Persistent link: https://www.econbiz.de/10010576618
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Education Policy and Intergenerational Transfers in Equilibrium
Abbott, Brant; Gallipoli, Giovanni; Meghir, Costas; … - Cowles Foundation for Research in Economics, Yale University - 2013
This paper compares partial and general equilibrium effects of alternative financial aid policies intended to promote college participation. We build an overlapping generations life-cycle, heterogeneous-agent, incomplete-markets model with education, labor supply, and consumption/saving...
Persistent link: https://www.econbiz.de/10010939077
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Low Altruism, Austerity, and Aversion to Default: Are Countries Converging to the Natural Debt Limit?
Bohn, Henning - CESifo - 2013
reflecting low altruism—a discount rate on children’s utility greater than the world interest rate—and I examine the implications … spending on debt and retiree entitlements. In the model, altruism towards children determines bequests, government debt, and … the time-path of consumption. Altruism towards parents influences incentives to default. If altruism is low, voters demand …
Persistent link: https://www.econbiz.de/10010877813
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Provision of a Public Good with Altruistic Overlapping Generations and Many Tribes
Karp, Larry S. - CESifo - 2012
Intergenerational altruism and contemporaneous cooperation are both important to the provision of long-lived public …
Persistent link: https://www.econbiz.de/10010877869
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Transfers within a Three Generations Family: When the Rotten Kids Turn into Altruistic Parents
Cremer, Helmuth; Roeder, Kerstin - Institute for the Study of Labor (IZA) - 2014
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal …
Persistent link: https://www.econbiz.de/10010884300