-dynastic altruism. The main building blocks of the theory are forward and backward intergenerational goods (FIGs and BIGs) and the …This paper develops a theory of intergenerational exchange for generations that are either selfish or have non … relationship between them. A FIG is a transfer from present to future generations, like parental investments in education and the …

We develop the implications of borrowing constraints and two-sided altruism in an overlapping generations framework … constraints bind and whether or not parent and child are connected by an operative altruism motive at all points in the life cycle …

growth leads to rising elderly dependency, which the planner supports with increasing intergenerational transfers. Secularly … population growth …

these systems may have exerted adverse effects on key demographic factors, private savings, and long-term growth rates …. Through a comprehensive endogenous-growth model where human capital is the engine of growth, family choices affect human … growth, especially in OECD countries …

be encouraged? The paper examines these questions in a neoclassical growth model with overlapping generations and …