Aspirations and the transfer paradox in an overlapping generations model

DOI10.1007/S00712-017-0537-5MaRDI QIDQ1616609zbMATH OpenOpenAlexFDO

Authors Kojun Hamada, Tsuyoshi Shinozaki, Mitsuyoshi Yanagihara

Publication date 7 November 2018

Published in Journal of Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s00712-017-0537-5

zbMATH Keywords

aspirationscapital accumulationoverlapping generations modeltransfer paradox

Mathematics Subject Classification ID

Economic growth models (91B62)

Recommendations

• The transfer paradox in a one-sector overlapping generations model
• Effects of aspirations and habits on the distribution of wealth
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Cites work

• HABIT FORMATION IN AN INTERDEPENDENT WORLD ECONOMY
• Intertemporal Equilibrium and the Transfer Paradox
• Optimal growth when tastes are inherited
• Optimal Growth with Intertemporally Dependent Preferences
• The dynamics of bequeathed tastes
• The transfer paradox in a one-sector overlapping generations model
• Wealth breeds decline: reversals of leadership and consumption habits

Cited in

(3)

• Parents' strategic transfers and sibling competition in the presence of pay-as-you-go pensions
• The poverty-assistance paradox
• The transfer paradox in a one-sector overlapping generations model

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