タイトル（掲載誌）Keio Economic Society discussion paper series
一般注記type:text
This paper develops and studies a tough love model of intergenerational altruism. We model tough love by modifying the Barro-Becker standard altruism model in two ways. First, the child's discount factor is endogenously determined, so low consumption at a young age leads to a higher discount factor later in life. Second, the parent evaluates the child's lifetime utility with a constant high discount factor. The tough love model predicts that transfers from the parent will fall when the child's discount factor falls. This is in contrast with the standard altruism model, which predicts that transfers from parents are independent of exogenous changes in the child's discount factor.
一次資料へのリンクURLhttps://koara.lib.keio.ac.jp/xoonips/modules/xoonips/download.php?koara_id=AA10715850-00001102-0001
連携機関・データベース国立情報学研究所 : 学術機関リポジトリデータベース（IRDB）（機関リポジトリ）