This book provides an overview of recent research on saving and consumption, a field in
which substantial progress has been made over the last decade. Economists attempting to …

Some ways in which farmers in LDCs can protect their living standards against fluctuations
in income are discussed. After considering the theory of consumption under uncertainty …

The problem of the dead hand, and of the Rule against Perpetuities that restrains it, seems
historically to have occasioned more frustration than t© Copyright 1992 by Adam J. Hirsch …

This article brings together several strands in the literature to provide a framework for
assessing the role of wealth transfer taxes. It examines the theoretical rationale for these …

This paper reviews recent literature on Japan's saving and identifies the following as key
stylized facts: Japan's national saving rate is not as high as commonly supposed, though it …

Although the life-cycle hypothesis of consumption has been the most important theory for the
study of saving behavior, interest in the bequest motive for saving has grown considerably. I …

With an overlapping generations model for trees and humans, it is shown that in a small
open timber producing economy, both in a setting where the economy is planned in order to …

Thirty years after its publication, Thomas Kuhn's The Structure of Scientific Revolutions is still
the source of much discussion in economics. Its rel-ativistic tone has often been used to fuel …

A simulation model is developed to account for observed changes in mean household
wealth both overall and by age cohort over the 1962–1983 period in the United States …

We are can7ing out a survey of more than 9000 American men and women who were first
interviewed as seniors in high school in 1957 and have subsequently been followed up in …