Soares, Jorge (contributor) - 2008
, E21
Key words: borrowing constraints, altruism, overlapping generations, welfare.
I wish to thank B. Ravikumar, Huberto …
In this paper, I show that in a standard overlapping generations economy where parents care about
the lifetime utility of … and human capital accu-
mulation in a general equilibrium overlapping generations model with parental altruism. I assume …