Over the past 25 years, returns to higher education have increased while the household
savings rate has fallen to almost zero. In this paper, we present a representative agent …

This piece traces the history of the capital gain concept, and then the policy arguments for a
lower rate on capital gains, to argue for an express requirement that the lower rate for capital …

Il existe des analyses très diverses de la responsabilité; la philosophie morale est divisée
entre la responsabilité personnelle et la théorie de l'action; le droit et la sociologie retiennent …

Charitable giving by individuals in the United States exceeds $220 billion annually.
Individual estates provide an additional $23 billion to charitable organizations through …

The wealth of male decedents using census-linked probate records from 1892 and 1902 is
examined for evidence on saving motives. This data presents an opportunity to examine …

This dissertation is empirical research on how age structure affects economic flows across
ages. Economic flows consist of transfers and reallocations through assets, which can be …

Judging the handling of climate risk to future generations by comparison to the general
standards of conduct in the case of risk to contemporaries. Intergenerational justice requires …

Using data from the National Longitudinal Study of Youth 1979, this analysis affirmed the
influence of time preference on wealth. Time preference was measured using the …

Die vorliegende Arbeit analysiert die optimale Struktur einer effizienzorientierten
Erbschaftsteuer. Als Alternative zu vielen existierenden distibutiv ausgerichteten Analysen …

As the workhorse of consumption and saving research for the past four decades, the life-
cycle model has proved flexible and useful for examining a variety of questions. In a classic …