CARDIA, Emanuela; MICHEL, Philippe - Département de Sciences Économiques, Université de … - 2003
intergenerational transfers of time and bequests are available. While bequests have been examined extensively, time transfers have … function, we derive an explicit solution for the dynamics and show that altruistic intergenerational time transfers can take … capital is an increasing function of the intergenerational degree of altruism. However, while with time transfers the labor …