Showing 91 - 100 of 687,100
Persistent link: https://www.econbiz.de/10001830943
Persistent link: https://www.econbiz.de/10001201531
Persistent link: https://www.econbiz.de/10000938502
Persistent link: https://www.econbiz.de/10001585375
Persistent link: https://www.econbiz.de/10001117503
This paper analyses the political constraints of intergenerational risk sharing. The first result is that the political process generally does not lead to ex ante optimal insurance. The second result is that in a second best political setting PAYG still contributes to intergenerational risk...
Persistent link: https://www.econbiz.de/10013136988
In this chapter, I review empirical and theoretical literature on taxation of intergenerational transfers (estates, bequests, inheritances, inter vivos gifts) and wealth. The main message may be summarized as follows. Empirical evidence on bequest motivations and responses to estate taxation is...
Persistent link: https://www.econbiz.de/10013097266
This paper develops a theory of intergenerational exchange for generations that are either selfish or have non …-dynastic altruism. The main building blocks of the theory are forward and backward intergenerational goods (FIGs and BIGs) and the … positive surplus are self-sustainable, but FIGs never are. However, even with selfish generations, optimal investment in future …
Persistent link: https://www.econbiz.de/10012471256
Persistent link: https://www.econbiz.de/10013167152
-dynastic intergenerational altruism, savings for one's own descendants benefit present members of other dynasties, giving rise to preference …
Persistent link: https://www.econbiz.de/10012840155