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This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic … voluntary redistribution of income or wealth. The theory concentrates on lump-sum voluntary transfers, individual or collective … analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent …
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We study a growth model with two types of agents who are heterogeneous in their degree of family altruism. We prove that every equilibrium path converges to a unique steady state, and study the effect of altruism on the properties of steady-state equilibrium. We show that aggregate income is...
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-oriented, but also more altruistic, than leaders who are selected at random or by ability. Because wealth generation and …
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This chapter examines the role of altruistic motives in the economic analysis of public social transfers, both from a positive and from a normative point of view. The positive question is to know whether we can fully neglect altruistic considerations to explain the development or sustainability...
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The purpose of this paper is to survey the theoretical literature on wealth transfer taxation. The focus is normative …
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