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Gerontocracy revisited : unilateral transfer to the young may benefit the middle-aged

Poutvaara, Panu - 2001

It has been argued that in the absence of altruism, intergenerational transfers can survive only if the old are net recipients. I prove that this need not hold in an over-lapping generations model with a fixed factor. For example, the middle-aged owning land may gain by providing public...

Persistent link: https://www.econbiz.de/10011398916

Human capital formation, income inequality and growth

Viaene, Jean-Marie; Zilcha, Itzhak - 2001

The paper studies the determinants of income distribution and growth in an overlapping generations economy with … generation. Heterogeneity in income results from the distribution of human capital across individuals in a nondegenerate way. The … human capital production is affected by the home-education , provided by the parents, as well as the public-education which …

Persistent link: https://www.econbiz.de/10011399283

Worldviews and intergenerational altruism : a comparison of Turkish people living in Turkey and Germay

Akkemik, Kucik Ali; Bulut, Mehmet; Dittrich, Marcus; … - 2017

In this paper, we examine and compare the impact of cultural differences on intergenerational altruism in Turkish people living in Turkey and in Germany, using the anthropological concept of worldview. Data were gathered from four surveys: nationwide surveys in Turkey and Germany, an online...

Persistent link: https://www.econbiz.de/10011624230

Coordinating intergenerational redistribution and the repayment of public debt

March, Christoph; Weizsäcker, Robert K. von - 2016

Is there a link between public debt and wealth inequality? Could government bondholders use intra-generational redistribution strategically to make the repayment of debt politically viable? Using a two-generations game-theoretic model, we identify coordination and divide-and-conquer as key...

Persistent link: https://www.econbiz.de/10011536215

Dynamics of capital accumulation in the US : simulations after Piketty

De Donder, Philippe; Roemer, John E. - 2015

reduce the tax rate on capital income. The third model introduces differential rates of return to capitals of different sizes …

Persistent link: https://www.econbiz.de/10010515458

Pareto improving climate policies : distributing the benefits across generations and regions

Hoel, Michael; Kittelsen, Sverre A. C.; Kverndokk, Snorre - 2015

Most studies show that the present generation has to take the burden and reduce consumption to mitigate future climate change. However, significant climate change is due to a market failure, and corrections of market failures give possibilities of Pareto improvements. In this paper, we study the...

Persistent link: https://www.econbiz.de/10011309590

Measuring intra-generational redistribution in PAYG pension schemes

Klos, Jonas; Krieger, Tim; Stöwhase, Sven - 2020

In this paper, we propose a novel index for measuring intra-generational redistribution in pay-as-you-go pension schemes. Our index solely requires information on contributions and pension benefits of retirees, enabling us to measure intra-generational redistribution isolated from possible...

Persistent link: https://www.econbiz.de/10012197556

Uncovering Gatsby curves

Bouchard St-Amant, Pier-André; Garon, Jean-Denis; … - 2020

improve the economic prospects of children. Gatsbian economies and Gatsby curves are formally defined, and we characterize the …

Persistent link: https://www.econbiz.de/10012154893

Long-term study of PROSPERA on intergenerational occupational mobility

Yaschine, Iliana; Vargas Chanes, Delfino; Huffman, Curtis; … - 2019

Two decades after the inception of Mexico's conditional cash transfer program, PROSPERA, this study analyzes the intergenerational occupational mobility and occupational attainment of a group of rural beneficiary youths between ages 18 and 35 years, segmented into subgroups by sex, ethnic...

Persistent link: https://www.econbiz.de/10012114341

Intergenerational social mobility based on the investments in human capital : evidence of the long-term results of PROSPERA in health

Gutiérrez, Juan Pablo; Shamah Levy, Teresa; Bertozzi, … - 2019

health and education, including: increased children's height; decreased risky behaviors among adolescents, including the … taller and have 5.3 more years of schooling than their providers (usually their parents), while female offspring are 4 … helping children and youth build human capital through better health and education, which has led to positive returns in the …

Persistent link: https://www.econbiz.de/10012114345