Reciprocal altruism and pension system in overlapping generations models

We analyze equilibrium paths in two models of overlapping generations with reciprocal altruism. The first one allows us to consider a case of different propensity to of consumer to support her children and parents (non-symmetrical altruism). In this model, an equilibrium is a Nash equilibrium. The second model describes a case equivalent to a situation, when two succeeding generations (not working parents and working children) have common budget. (in Russian)

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Year of publication:	2008-11-16
Authors:	Borissov, Kirill ; Surkov, Alexander
Institutions:	Department of Economics, European University at St. Petersburg
Subject:	economic growth \| overlapping generations \| pension \| social security

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Extent:	application/pdf
Series:	EUSP Deparment of Economics Working Paper Series.
Type of publication:	Book / Working Paper
Language:	Russian
Notes:	Number Ec-01/08 40 pages
Classification:	E24 - Employment; Unemployment; Wages ; H55 - Social Security and Public Pensions ; D91 - Intertemporal Consumer Choice; Life Cycle Models and Saving ; O40 - Economic Growth and Aggregate Productivity. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008794571