The selfish life-cycle model or hypothesis is, together with the dynasty or altruism model, the most widely used …

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 …