Showing 11 - 20 of 9,309
This paper proposes a simple OLG model which is consistent with the essential facts about consumer behavior, capital accumulation and wealth distribution, and yields some new and surprising conclusions about fiscal policy. By considering a society in which individuals are distinguished according...
Persistent link: https://www.econbiz.de/10014224540
Persistent link: https://www.econbiz.de/10010415728
Persistent link: https://www.econbiz.de/10010477697
Persistent link: https://www.econbiz.de/10003470191
Persistent link: https://www.econbiz.de/10011479721
Persistent link: https://www.econbiz.de/10009533492
Persistent link: https://www.econbiz.de/10010926851
The idea of family altruism is that parents care only about their children's income and not about the use of this income made by the children. First, we establish dynamical properties which place the OLG model with family altruism halfway between the model with pure life-cyclers (Diamond (1965))...
Persistent link: https://www.econbiz.de/10005043400
Persistent link: https://www.econbiz.de/10010675357
One of the pervasive problems with means-tested public long term care (LTC) programs is their inability to prevent individuals who could afford private long term services from taking advantage of public care. They often manage to elude the means-test net through “strategic impoverishment”....
Persistent link: https://www.econbiz.de/10011094058