Nesje, Frikk - 2020 - This version: February 27, 2020
-dynastic intergenerational altruism, savings for one's own descendants benefit present members of other dynasties, giving rise to preference …-dynastic intergenerational altruism. I also show that the external effect of present saving decreases over time. This means that intertemporal … preferences inferred from saving behavior are time-inconsistent, unless cross-dynastic intergenerational altruism is accounted for. …