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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 …
Persistent link: https://www.econbiz.de/10009639441
Using comparable survey data from twelve European countries from 1994 to 2001 we investigate households’ attitudes towards mortgage indebtedness. We find that a given debt burden creates much higher distress in countries with fewer mortgage holders relative to countries where a significant...
Persistent link: https://www.econbiz.de/10009640403
We study how and to what extent private households are affected by the recent financial crisis and how their financial decisions are in uenced by this shock. Our analysis reveals that individuals with low levels of financial literacy are less likely to have invested in the stock market and thus...
Persistent link: https://www.econbiz.de/10009640632
We study taxable wealth in unique Swedish administrative data, annually following a large sample of households over a period of almost 40 years. The main data limitation is non-observability of wealth for those below the tax exemption level. This implies that much of the focus of the paper is on...
Persistent link: https://www.econbiz.de/10009640634
having a stronger impact on the incidence of financial distress than education or financial literacy. The results raise …
Persistent link: https://www.econbiz.de/10009640636
We test the interest rate sensitivity of subprime credit card borrowers using a unique panel data set from a UK credit card company. What is novel about our contribution is that we were given details of a randomized interest rate experiment conducted by the lender between October 2006 and...
Persistent link: https://www.econbiz.de/10009640638
The European Year 2012 was, to a certain extent, a framework for raising awareness of the contribution that older people make to society and mobilising stakeholders and policymakers at all levels to promote active ageing and solidarity between generations.To coordinate its activities during the...
Persistent link: https://www.econbiz.de/10010249532
, Turkeyu0092s economy is just 1.9% of EU-25 GDP. Assuming average annual growth of 5%, it would be 2.9% of GDP on accession in …
Persistent link: https://www.econbiz.de/10009636514
The evaluation has three objectives: Provide an assessment on the attained results, their impact and sustainability, the good practices and pitfalls in Instrument for Pre-accession Assistance I(IPA I), European Neighbourhood Partnership Instrument (ENPI), Development Cooperation Instrument (DCI)...
Persistent link: https://www.econbiz.de/10011887701
Vienna General Hospital sees the importance of the tackling the issue of ageing in terms of organisational strategy, organisational culture, personal development, organisation of work, and individual health of employees. The human resource department at Vienna General Hospital is responsible for...
Persistent link: https://www.econbiz.de/10011902479