endogenous fertility. In the neoclassical model, habits modify the economy's growth rate and generate transitional dynamics in … fertility; station- ary income per capita is associated with either increasing or decreasing population and output, depending on … fertility: the trade-off between second-period consumption and spending for bequests prompts agents to decrease fertility in …

endogenous fertility. In the neoclassical model, habits modify the economy's growth rate and generate transitional dynamics in … fertility; station- ary income per capita is associated with either increasing or decreasing population and output, depending on … fertility: the trade-off between second-period consumption and spending for bequests prompts agents to decrease fertility in …

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 …

This paper 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 … intergenerational altruism. Other forms of altruism, referred to as ad hoc altruism, are also examined, along with their implications …

Paul Samuelson made a series of important contributions to population theory for humans and other species, evolutionary … theory, and the theory of age structured life cycles in economic equilibrium and growth. The work is highly abstract but much … of it was intended to illuminate issues of compelling policy importance, such as declining fertility and population aging …