adjusted degree of filial altruism tends to be low in developing Asia. Our welfare analyses reveal that the developing Asian … the degrees of filial and parental altruism and adjust them for their respective life expectancy and fertility rates. The … low adjusted degree of filial altruism may trap the developing Asian countries at the low levels of public old‐age support …

prevalence of bequests, bequest motives, tests of altruism, and the importance of borrowing (liquidity) constraints and show that …

This paper discusses three alternative assumptions concerning household preferences (altruism, self-interest, and a …

The selfish life-cycle model or hypothesis is, together with the dynasty or altruism model, the most widely used …

altruism. A fall in the population growth rate, even to negative values, will imply a reduction of the interest rate and an … and the relative shares of the two systems may be explained and are determined by the population growth rate …, technological growth, the time-preference discount rate, the relative risk aversion, the production function, and the degree of …

Most models of family transfers consider only two generations and focus on two motives: altruism and exchange. They … transfers, such as strategic altruism, models with endogenous heterogeneous behavioral regimes (Becker, Cigno), and especially … (against altruism) with small compensatory effects of transfers both between and within generations, and (against exchange …

mechanisms. Firstly, in the so-called pure altruism model, the parent's utility is augmented by the utility of his child. This … transfer. In a second model, altruism is impure as the parents want the child to behave in a certain way: exchange and …. Tests usually conclude that the income pooling predicted by pure altruism is not observed, but family transfers are also far …

interests of future generations? The analysis of the present paper suggests that such stronger intergenerational altruism might … undermine future wellbeing if not complemented by collective climate action. In the standard one-sector model of economic growth … normatively attractive outcomes will be implemented if each generation has sufficient altruism for its descendants. This …

The future effects of climate change may induce increased intergenerational altruism. But will increased … intergenerational altruism reduce the threat of climate change? In this chapter we investigate this question. In a second-best setting … increased intergenerational altruism is a means for achieving accumulation of consumption potential (through accumulation of …