haku: @author Ihori, T. / yhteensä: 6
viite: 4 / 6
| Tekijä: | Ihori, T. |
| Otsikko: | Intergenerational transfers and economic growth with alternative bequest motives |
| Lehti: | Journal of the Japanese and International Economies
1994 : SEP, VOL. 8:3, p. 329-342 |
| Asiasana: | ECONOMIC GROWTH INTERGENERATIONAL TRANSFERS ECONOMICS |
| Kieli: | eng |
| Tiivistelmä: | This paper investigates the effect of alternative bequest motives on economic growth when intentional bequests are crucial. The author considers three motives: the altruistic bequest motive, the bequest-as-consumption motive, and the bequest-as-exchange motive. It is shown that the long-run effect on economic growth is qualitatively the same in all three alternative intentional bequest motives. However, the transitional and welfare effects of public international transfer will be different among the three cases of bequest motives. |
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