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the degrees of filial and parental altruism and adjust them for their respective life expectancy and fertility rates. The … adjusted degree of filial altruism tends to be low in developing Asia. Our welfare analyses reveal that the developing Asian … low adjusted degree of filial altruism may trap the developing Asian countries at the low levels of public old‐age support …
Persistent link: https://www.econbiz.de/10014111883
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the degrees of filial and parental altruism and adjust them with their respective life expectancy and fertility rates. The … altruism than those in the other countries. Our welfare analyses reveal that the developing Asian countries must introduce more … filial altruism will trap the developing Asian countries at the current low levels of public old-age supports and social …
Persistent link: https://www.econbiz.de/10011757923
Paul Samuelson made a series of important contributions to population theory for humans and other species, evolutionary theory, and the theory of age structured life cycles in economic equilibrium and growth. The work is highly abstract but much of it was intended to illuminate issues of...
Persistent link: https://www.econbiz.de/10012027303
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government's inability to observe the degree of altruism of the adult child for his/her parent. Further tax collection entails …
Persistent link: https://www.econbiz.de/10005582148
This paper proposes and analyzes a model of a European economy with three overlapping generations, redistributive social security, and public universities without tuition. Individuals differ ex ante. The effect of wage tax rate on occupational choice and the voting equilibrium of wage tax rate...
Persistent link: https://www.econbiz.de/10011398016
In this paper we consider an overlapping generations model with endogenous fertility and two-sided altruism and show …
Persistent link: https://www.econbiz.de/10005408281
The purpose of this paper is to provide a critical evaluation of theoretical models showing that shifting from pay-as-you-go to funded social security schemes can be made Pareto-improving. Further, it argues that what often makes a reform toward funded schemes attractive is a number of...
Persistent link: https://www.econbiz.de/10005043092