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Persistent link: https://www.econbiz.de/10011971963
adjusted degree of filial altruism tends to be low in developing Asia. Our welfare analyses reveal that the developing Asian … the degrees of filial and parental altruism and adjust them for their respective life expectancy and fertility rates. The … low adjusted degree of filial altruism may trap the developing Asian countries at the low levels of public old‐age support …
Persistent link: https://www.econbiz.de/10014111883
altruism. A fall in the population growth rate, even to negative values, will imply a reduction of the interest rate and an … and the relative shares of the two systems may be explained and are determined by the population growth rate …, technological growth, the time-preference discount rate, the relative risk aversion, the production function, and the degree of …
Persistent link: https://www.econbiz.de/10011326408
prevalence of bequests, bequest motives, tests of altruism, and the importance of borrowing (liquidity) constraints and show that …
Persistent link: https://www.econbiz.de/10012195738
theory, and the theory of age structured life cycles in economic equilibrium and growth. The work is highly abstract but much …Paul Samuelson made a series of important contributions to population theory for humans and other species, evolutionary … overlapping generation models, social security systems, and population growth. …
Persistent link: https://www.econbiz.de/10012027303
The selfish life-cycle model or hypothesis is, together with the dynasty or altruism model, the most widely used …
Persistent link: https://www.econbiz.de/10012291218
the degrees of filial and parental altruism and adjust them with their respective life expectancy and fertility rates. The … parentally altruistic than the former. Especially, people in developing Asia have notably lower adjusted degrees of filial … altruism than those in the other countries. Our welfare analyses reveal that the developing Asian countries must introduce more …
Persistent link: https://www.econbiz.de/10011944170
benefits induced by an inflation-indexing mistake. The instrument is most relevant for those with low education, so I focus on … this group. I find support for pure altruism because individuals who received additional Social Security benefits passed on …
Persistent link: https://www.econbiz.de/10012826687
This paper studies how access to public pensions affects old-age support and child investment in traditional societies. Guided by predictions from an overlapping generations model, we analyze the influences of a new pension program in rural People's Republic of China, using a...
Persistent link: https://www.econbiz.de/10014280029
Persistent link: https://www.econbiz.de/10012582496