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Capital Accumulation, Welfare, and the Emergence of Pension-Fund Activism
Belan, Pascal; Michel, Philippe; Wigniolle, Bertrand - In: FinanzArchiv: Public Finance Analysis 63 (2007) 1, pp. 54-82
This paper presents an overlapping-generations model with altruistic consumers, in which pension funds, by holding a significant share of capital assets, produce noncompetitive behavior. We study the consequences of such behavior for capital accumulation and welfare in the long run when...
Persistent link: https://www.econbiz.de/10005764488
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Altruism, Intergenerational Transfers of Time and Bequests
CARDIA, Emanuela; MICHEL, Philippe - Département de Sciences Économiques, Université de … - 2003
capital is an increasing function of the intergenerational degree of altruism. However, while with time transfers the labor … supply of the young increases with the degree of altruism, with bequests it may decrease …
Persistent link: https://www.econbiz.de/10005353313
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Two-sided altruism, Lindahl Equilibrium, and Pareto Optimality in Overlapping Generations Models
Raut, Lakshmi K. - EconWPA - 1996
, recasting it into a Lindahl equilibrium framework. It has been shown that altruism towards parents provides an alternative … a sufficiently strong altruism towards parents can change a Pareto inefficient Samuelsonian economy with negative … proposes an ethical principle to supplement the equilibrium theory for guiding agents in their choice of the degree of altruism …
Persistent link: https://www.econbiz.de/10005125689
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Capital Markets Integration, Growth and Income Distribution: A Dynamic Analysis
Viaene, Jean-Marie; Zilcha, Itzhak - Tinbergen Institute - 1997
The paper considers a two-country model of overlapping generations heterogenous
Persistent link: https://www.econbiz.de/10005137211
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Altruism, Intergenerational Transfers of Time and Bequests
CARDIA, Emanuela; MICHEL, Philippe - Centre Interuniversitaire de Recherche en Économie … - 2003
capital is an increasing function of the intergenerational degree of altruism. However, while with time transfers the labor … supply of the young increases with the degree of altruism, with bequests it may decrease. …
Persistent link: https://www.econbiz.de/10005729580
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Does imperfect competition foster capital accumulation in a developing economy.
Belan, Pascal; Michel, Philippe; Wigniolle, Bertrand - Maison des Sciences Économiques, Université Paris 1 … - 2005
We analyze the relationship between imperfect competition and capital accumulation in a dual economy, with traditional and modern sectors and two types of agents (workers and capitalists). Workers allocate their time endowment between the two sectors. Capitalists accumulate wealth in the modern...
Persistent link: https://www.econbiz.de/10005696860
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Becoming friends or foes? : how competitive environments shape social preferences
Dimant, Eugen; Hyndmann, Kyle - 2019 - This version: December 30, 2019
We study the interaction between competition and social proximity on altruism, trust, and reciprocity. We decompose the …
Persistent link: https://www.econbiz.de/10012138590
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When a nudge backfires : using observation with social and economic incentives to promote pro-social behavior
Bolton, Gary E.; Dimant, Eugen; Schmidt, Ulrich - 2019 - This version: April 21, 2019
Both theory and recent empirical evidence on nudging suggest that observability of behavior acts as an instrument for promoting (discouraging) pro-social (anti-social) behavior. Our study questions the universality of these claims. We employ a novel four-party setup to disentangle the roles that...
Persistent link: https://www.econbiz.de/10011998007
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"Us" and "them": prosocial attitudes between refugees and host communities exposed to armed conflict : experimental evidence from Northern Uganda
Adong, Annet; Kirui, Oliver K.; Achola, Jolly - 2020
parochialism regarding trust, trustworthiness and altruism and whether parochial tendencies change with remoteness. We find that … refugees show out-group preferences for reciprocating trust and altruism with increasing remoteness from district headquarters …
Persistent link: https://www.econbiz.de/10012163811
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Altruistic Self-Concept Mediates the Effects of Personality Traits on Volunteering : Evidence from an Online Experiment
Capra, C. Monica - 2020
The way we describe and evaluate ourselves or self-concept has a significant effect on our behaviors. An individual who describes herself as altruistic is more likely to engage in helpful behaviors than someone who does not possess such self-concept. Self-concept, in turn, is influenced by...
Persistent link: https://www.econbiz.de/10012843831