Myopic Altruism and Intergenerational Transfers
AbstractWe build an OLG model with productive capital in which agents live for two periods and display myopia in their altruistic bequest motive. Indeed , they care for their children's welfare like Barro-Becker altruists but what they value is income. A govern,emt redistributes income from the young to the old in a lump-sum way.
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Bibliographic InfoPaper provided by Universite Aix-Marseille III in its series G.R.E.Q.A.M. with number 99a51.
Length: 42 pages
Date of creation: 1999
Date of revision:
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Postal: G.R.E.Q.A.M., (GROUPE DE RECHERCHE EN ECONOMIE QUANTITATIVE D'AIX MARSEILLE), CENTRE DE VIEILLE CHARITE, 2 RUE DE LA CHARITE, 13002 MARSEILLE.
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ECONOMIC GROWTH ; ALTRUISM ; GENERATIONS;
Find related papers by JEL classification:
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
- D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy
- C62 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Existence and Stability Conditions of Equilibrium
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