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Household response to government debt : evidence from life insurance holdings

Craig, Steven G.; Hoang, Edward C.; Vollrath, Dietrich - In: Journal of money, credit and banking : JMCB 47 (2015) 5, pp. 819-845

Persistent link: https://www.econbiz.de/10011345147

Optimal debt, endogenous fertility, and human capital externalities in a model with altruistic bequests

Zhang, Jie - In: Journal of public economics 87 (2003) 7/8, pp. 1825-1835

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A bequest-constrained economy : welfare analysis

Nerlove, Marc L. - In: Journal of public economics 2 (1988), pp. 203-220

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Economic growth with finite lifetimes

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A Bequest-Constrained Economy : Welfare Analysis

Nerlove, Marc; Razin, Assaf; Sadka, Efraim - 2021

Bequest constraints have played a major role in discussions of debt neutrality but their welfare implications were not sufficiently dealt with in the literature. In this paper we focus on the welfare implications of bequest constraints. We found that when institutional constraints to the...

Persistent link: https://www.econbiz.de/10013248561