Intergenerational transfers, demographic transition, and altruism: Problems in developing Asia

Intergenerational Transfers and Demographic Transition

This paper presents an analysis of demographic transition based on the endogenous evolution of intergenerational transfers along an economy’s endogenous path of development. Two-period-lived agents belonging to overlapping generations choose optimally their desired levels of consumption and fertility, together with their desired sizes of transfers to both parents and children. Parents are more ...

Formal and Informal Intergenerational Support Transfers in South-eastern Asia

Demographic Transition in Asia and its Consequences

Long-term Environmental Problems and Strategic Intergenerational Transfers

The impacts of long-lived stock pollutants and the abatement and technology measures supposed to address them link current and future generations together. Altruism towards successor generations is a prerequisite for resolving the resulting intergenerational equity issues. Preference asymmetry and typical imperfections of altruism, however, introduce the possibility of important strategic confi...

Intergenerational Transfers and Growth

This paper shows that, when the supply side dynamics is modelled along the lines suggested by the endogenous growth literature, it is possible that properly designed unfunded schemes would promote growth. The reduction in savings when an intergenerational transfer programme is introduced has a negative impact on capital accumulation and output. However, in the long run the saving rate will be g...