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Bequest motives, social security, and economic growth (2001)_香港中文大学

香港中文大学 辅仁网/2017-07-06

Bequest motives, social security, and economic growth
Publication in refereed journal


香港中文大学研究人员 ( 现职)
张俊森教授 (经济学系)


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引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/3WOS source URL

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摘要This article conducts a systematic analysis of four bequest motives in a simple model of endogenous growth. It analyzes how bequest motives affect fertility, savings, growth, and the effects of pay-as-you-go Social Security It is found that altruistic and exchange motives give equivalent outcomes if the discount factors are set the same. The outcome under the joy-of-giving motive may involve a higher bequest ratio, higher saving, and better growth rates than that under altruism. If bequests are accidental, the equilibrium values will depend on the probability of survival. Moreover the results provide testable implications on bequest motives.

着者Zhang JS, Zhang JX
期刊名称ECONOMIC INQUIRY
出版年份2001
月份7
日期1
卷号http://aims.cuhk.edu.hk/converis/portal/Publication/39
期次http://aims.cuhk.edu.hk/converis/portal/Publication/3
出版社WILEY-BLACKWELL
页次45http://aims.cuhk.edu.hk/converis/portal/Publication/3 - 466
国际标準期刊号0095-258http://aims.cuhk.edu.hk/converis/portal/Publication/3
电子国际标準期刊号1465-7295
语言英式英语

Web of Science 学科类别Business & Economics; Economics; ECONOMICS

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