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Risky human capital investment, income distribution, and macroeconomic dynamics

Grossmann, Volker - 2003

This paper analyzes the interaction between intergenerational wealth transmission, human capital investments under uninsurable labor income risk, and economic growth in a small open overlapping-generations economy with heterogeneous agents. It demonstrates how the role of the personal income...

Persistent link: https://www.econbiz.de/10010261651

Heterogeneous bequests and social inequalities

Borissov, Kirill; Bosi, Stefano; Thai Ha Huy; Pakhnin, … - 2023

We study a growth model with two types of agents who are heterogeneous in their degree of family altruism. We prove … that every equilibrium path converges to a unique steady state, and study the effect of altruism on the properties of … steady-state equilibrium. We show that aggregate income is positively related to both level of altruism and altruism …

Persistent link: https://www.econbiz.de/10014384038

Income inequality and economic growth with altruistic bequests and human capital investment

Macdonald, Stuart; Zhang, Jie - In: Macroeconomic dynamics 16 (2012), pp. 331-354

Persistent link: https://www.econbiz.de/10009746021

Do colder and hotter climates make the rich more but the poor less happy and altruistic?

Vliert, Evert van de (contributor); Huang, Xu (contributor); … - 2002 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001656863

Altruism, economic growth and income distribution

Zilcha, Itzhak - 1996

Persistent link: https://www.econbiz.de/10000940230

Intergenerational transfers, economic growth and income distribution

Zilcha, Itzhak - 1996

Persistent link: https://www.econbiz.de/10000943785

Capital markets integration, growth and income distribution : a dynamic analysis

Viaene, Jean-Marie; Zilcha, Itzhak - 1997

Persistent link: https://www.econbiz.de/10000976781

Population dynamics and economic growth: Should we adopt different frameworks for poor and rich countries?

Brezis, Elise S. - 2011

From the canonical model of Becker onward, models of population dynamics have been based on assumptions which fit the family structure of developed countries. The aim of this paper is to develop a framework that fits the family structure of poor countries. The building blocks of the model...

Persistent link: https://www.econbiz.de/10010335997

Pensions, economic growth and welfare in advanced economies

Devesa, Enrique; Doménech, Rafael - In: Economic challenges of pension systems : a …, (pp. 81-103). 2020

In this chapter, we analyse the effects of PAYG and funded pension systems on welfare. The debate on the choice between alternative systems focuses on their effects on savings, capital accumulation, labour supply, economic growth and inequality and the potential benefits of mixed systems in...

Persistent link: https://www.econbiz.de/10012207196

Second-best national saving and growth with intergenerational disagreement

Gonzalez, Francisco M.; Lazkano, Itziar; Smulders, Sjak - 2014

Persistent link: https://www.econbiz.de/10010370378

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