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reflecting low altruism - a discount rate on children's utility greater than the world interest rate - and I examine the … spending on debt and retiree entitlements. In the model, altruism towards children determines bequests, government debt, and … the time-path of consumption. Altruism towards parents influences incentives to default. If altruism is low, voters demand …
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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 …
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altruism. A fall in the population growth rate, even to negative values, will imply a reduction of the interest rate and an …
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This paper discusses three alternative assumptions concerning household preferences (altruism, self-interest, and a …
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that there are large inter-country differences in the degree of selfishness and altruism, with the Japanese and Chinese … religiosity appear to be the main cause of inter-country differences in the degree of selfishness and altruism. …
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