Intergenerational altruism with future bias

DOI10.1016/J.JET.2018.10.004MaRDI QIDQ1622460zbMATH OpenOpenAlexFDO

Authors Itziar Lazkano, Sjak Smulders, Francisco M. González

Publication date 19 November 2018

Published in Journal of Economic Theory (Search for Journal in Brave)

Copyright license Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International

Full work available at URL https://doi.org/10.1016/j.jet.2018.10.004

zbMATH Keywords

\(\beta\)-\(\delta\) discountingfuture biasintergenerational altruismpay-as-you-go pension planstime inconsistency

Mathematics Subject Classification ID

Individual preferences (91B08) Economic growth models (91B62)

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Cites work

• A Median Voter Model of Social Security
• A model of economic growth with altruism between generations
• A Positive Theory of Fiscal Deficits and Government Debt
• A Theory of Intergenerational Altruism
• Economic Growth with Intergenerational Altruism
• Equilibrium welfare and government policy with quasi-geometric discounting
• Fiscal constitutions
• Fiscal Policy in an Endogenous Growth Model
• Fiscal rules and discretion under persistent shocks
• Golden Eggs and Hyperbolic Discounting
• Intergenerational Altruism, Dynastic Equilibria and Social Welfare
• Nonpaternalistic intergenerational altruism
• Optimum Social Security in a Life-Cycle Growth Model
• Ramsey Meets Laibson in the Neoclassical Growth Model
• Time consistency: stationarity and time invariance
• Utility functionals with nonpaternalistic intergenerational altruism

Cited in

(6)

• Perfect and total altruism across the generations
• Altruism and environmental risks to health of parents and their children
• Economic Growth with Intergenerational Altruism
• A Theory of Intergenerational Altruism
• Stationary altruism and time consistency
• Altruism, intergenerational transfers of time and bequests

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