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这个政府转移税urden 对他们的孩子出于altruism.In 这 案件人民起反应对government'simposed 三代调动, 由预算赤 字或社会保险, 与在义务transfers(Barro 1974).For 例子的补偿 的增量, 父母调整他们的遗产或数额给孩子当父母是寂静 living.Alternaively, 如果暗示孩子提供支持对年迈的parens, 数 额给罐头respond(negatively) 预算赤字或社会保险。主要想法是 三代调动网络做典型的人每去在indefinitely.In 这个设置的部分 的一个大家庭, 人户用大写书写整个期望的未来税, 并且因此计划 有效与一无限horizon.In 其它词, Ricardian 结果, 好似依靠无 限天际, 可能继续合法在一个模型与有限终身。二重要点应该是 stressed.First, 三代调动不必须是'large'; 什么是调动 根据利他主义是去从零的调动的壁角解法, 他们会, 如果允许 , opt 为消极付款对并且经历的他们的children.(The 结果, 然而 , 如果孩子典型地支持他们年迈的parents.)Second, 调动不必须出 现作为遗产于三代调动的death.Other 形式, 譬如相vivos 礼物孩 子, children's 教育支持, 等等, 可能工作在一相似的 manner.Therefore, Ricardian 结果可能举行既使许多人把一点留 在在正式遗产方式。

the government shifts a tax urden to his or her children out of altruism.In this case people react to the government'simposed intergenerational transfers,which are implied by budget deficits or social security,with a compensating increase in voluntary transfers(Barro 1974).For example,parents adjust their bequests or the amounts give to children while the parents are still living.Alternaively,if children provide support to aged parens,the amounts given can respond(negatively) to budget deficits or social security.
The main idea is that a network of intergenerational transfers makes the typical person a part of an extended family that goes on indefinitely.In this setting,households capitalize the entire array of expected future taxes,and thereby plan effectively with an infinite horizon.In other words,the Ricardian results,which seemed to depend on infinite horizons,can remain valid in a model with finite lifetimes.
Two important points should be stressed.First,intergenerational transfers do not have to be 'large'; what is that transfers based on altruism be away from the corner solution of zero transfers,where they would,if permitted,opt for negative payments to their children.(The results also go through,however,if children typically support their aged parents.)Second,the transfers do not have to show up as bequests at death.Other forms of intergenerational transfers,such as inter vivos gifts to children ,support of children's education,and so on,can work in a similar manner.Therefore,the Ricardian results can hold even if many persons leave little in the way of formal bequests