-dynastic altruism. The main building blocks of the theory are forward and backward intergenerational goods (FIGs and BIGs) and the …This paper develops a theory of intergenerational exchange for generations that are either selfish or have non …

-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 …