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Published in 2017 at "Economic Modelling"
DOI: 10.1016/j.econmod.2016.12.012
Abstract: This article explores the dynamics of a general equilibrium when an individual’s rate of time preferences is endogenous in a dynastic competitive economy. We postulate that altruistic parents allocate time to make their children patient…
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Keywords:
simple dynastic;
time;
parental time;
dynastic economy ... See more keywords