Michel, Philippe; Thibault, Emmanuel - In: Annals of Economics and Finance 14 (2013) 3, pp. 953-1022
This paper surveys intergenerational altruism in neoclassical growth models. It first examines Barro's approach to … intergenerational altruism, whereby successive generations are linked by recursive altruistic preferences. Individuals have an … intergenerational altruism. Other forms of altruism, referred to as ad hoc altruism, are also examined, along with their implications …