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altruism. A fall in the population growth rate, even to negative values, will imply a reduction of the interest rate and an …
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prevalence of bequests, bequest motives, tests of altruism, and the importance of borrowing (liquidity) constraints and show that …
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the degrees of filial and parental altruism and adjust them with their respective life expectancy and fertility rates. The … altruism than those in the other countries. Our welfare analyses reveal that the developing Asian countries must introduce more … filial altruism will trap the developing Asian countries at the current low levels of public old-age supports and social …
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the degrees of filial and parental altruism and adjust them for their respective life expectancy and fertility rates. The … adjusted degree of filial altruism tends to be low in developing Asia. Our welfare analyses reveal that the developing Asian … low adjusted degree of filial altruism may trap the developing Asian countries at the low levels of public old‐age support …
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This paper studies how access to public pensions affects old-age support and child investment in traditional societies. Guided by predictions from an overlapping generations model, we analyze the influences of a new pension program in rural People's Republic of China, using a...
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