Providing there is an interior solution for intergenerational transfers (which may be made in either direction), the general equilibrium of the economy is unaffected by tax and debt policy.
The emergence of humans: The coevolution of intelligence and longevity with intergenerational transfers.
He is particularly noted for his "wealth flows" theory, which relates demographic transition to changes in intergenerational transfers within the family.
Dr. Goldbart calls the Bay Area "ground zero for the expanded upper class," foreshadowing the "largest intergenerational transfer of wealth in history."
UNESCO distinguishes four levels of endangerment in languages, based on intergenerational transfer:
America's agricultural tradition is based on the intergenerational transfer of skills and knowledge, most of which must be obtained through hands-on experience.
At such an extreme, intergenerational transfers, per se, are no longer feasible because the young will refuse to accept them.
Yet the Republicans' case was weakened because their budget was not a simple intergenerational transfer between the comfortable old and the needy young.
A bequest motive seeks to provide an economic justification for the phenomenon of gratuitous, intergenerational transfers of wealth.
"Boston College researchers estimate that $41 trillion will pass between the generations by 2052 - the largest intergenerational transfer of wealth in U.S. history."
