Endogenous Intergenerational Altruism and Economic Growth

J.P. Vidal

G.R.E.Q.A.M. from Universite Aix-Marseille III

Abstract: This note constructs a neoclassical growth model of endogenous intergenerational altruism along the lines of Mulligan (1997). It is shown that individuals accumulate altruism in the long run whenever the rate at which concern is accumulated is sufficiently high, and that the endogenous formation of altruism is more likely to occur at later stages of economic growth.

Keywords: ALTRUISM; ECONOMIC GROWTH; CONSUMPTION (search for similar items in EconPapers)
JEL-codes: D19 D90 (search for similar items in EconPapers)
Pages: 9 pages
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:fth:aixmeq:99a38

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