Showing 91 - 100 of 120,078
Persistent link: https://www.econbiz.de/10012170941
Persistent link: https://www.econbiz.de/10012122472
We identify the degree of intergenerational altruism in an OLG framework à la Barro exploiting the quasi … parameter of interest via the effect of changes in the tax rate on house prices. We find that the intergenerational altruism …
Persistent link: https://www.econbiz.de/10011730011
lifetime utility but also their old parents’ and children’s well-being. The double altruistic agents choose amounts of … intergenerational transfers to their old parents and children as well as private savings. The government specifies amounts of public … the degrees of filial and parental altruism and adjust them with their respective life expectancy and fertility rates. The …
Persistent link: https://www.econbiz.de/10011757923
Persistent link: https://www.econbiz.de/10012316541
Persistent link: https://www.econbiz.de/10011992663
lifetime utility but also their old parents' and children's well‐being. The doubly altruistic agents choose amounts of … intergenerational transfers to their old parents and children as well as private savings. The government specifies amounts of public … the degrees of filial and parental altruism and adjust them for their respective life expectancy and fertility rates. The …
Persistent link: https://www.econbiz.de/10014111883
This chapter surveys intergenerational altruism in neoclassical growth models. It first examines Barro's approach to … intergenerational altruism, whereby successive generations are linked by recursive altruistic preferences. Individuals have an … respect to their degree of intergenerational altruism. We also examine other forms of dynastic altruism consistent with Barro …
Persistent link: https://www.econbiz.de/10014023663
transfer. In a second model, altruism is impure as the parents want the child to behave in a certain way: exchange and … consumption. This approximation cannot account for parents making transfers to adult children, children taking care of old parents … mechanisms. Firstly, in the so-called pure altruism model, the parent's utility is augmented by the utility of his child. This …
Persistent link: https://www.econbiz.de/10014023665
working-age adults, especially men, to their elderly parents. Interestingly, the impact on child investment significantly … differs by child gender. While adult parents increase educational investment in sons, their investment in daughters appears to …
Persistent link: https://www.econbiz.de/10014280029