Advanced Search
MyIDEAS: Login

Altruism, Deficit Policies, and the Wealth of Future Generations

Contents:

Author Info

  • Lord, William
  • Rangazas, Peter

Abstract

Available evidence suggests that the generations of most families are linked by altruistic human capital investment, rather than by altruistic financial transfers. What is the consequence of this distinction for the Ricardian Equivalence Theorem? The authors use a realistically calibrated overlapping generations model to show that, despite the presence of altruistic human capital transfers, deficit policies are likely to reduce the after-tax wealth of future generations. Furthermore, the majority of households in the current-period population would vote in favor of a deficit-financed tax cut. Copyright 1993 by Oxford University Press.

Download Info

To our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.

Bibliographic Info

Article provided by Western Economic Association International in its journal Economic Inquiry.

Volume (Year): 31 (1993)
Issue (Month): 4 (October)
Pages: 609-30

as in new window
Handle: RePEc:oup:ecinqu:v:31:y:1993:i:4:p:609-30

Contact details of provider:
Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK
Phone: 714-965-8800
Fax: 01865 267 985
Email:
Web page: http://ei.oupjournals.org/
More information through EDIRC

Order Information:
Web: http://www.oup.co.uk/journals

Related research

Keywords:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Matthias Cinyabuguma & Bill Lord & Christelle Viauroux, 2009. "Health and the Revolution in Household Behavior 1880-1940: Fertility, Education and Married Female Labor Supply (previously entitled: Schooling, Fertility, and Married Female Labor Supply: What Role f," UMBC Economics Department Working Papers 09-108, UMBC Department of Economics, revised 15 Apr 2010.
  2. Matthias Cinyabuguma & Bill Lord & Christelle Viauroux, 2012. "Revolution in U.S. Fertility, Schooling and Women's Work, 1875-1940: Assessing Proposed Explanations," UMBC Economics Department Working Papers 12-04, UMBC Department of Economics, revised 30 Aug 2013.
  3. Yang, Bijou & Lester, David, 1995. "New directions for economics," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 24(3), pages 433-446.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:oup:ecinqu:v:31:y:1993:i:4:p:609-30. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press) or (Christopher F. Baum).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.