Intergeneration Transfer,Consumption,and Saving--An Application of Game Theory

• Main Authors: Yang, Yiao-Long, 楊瑤隆
• Other Authors: ARTHUR HAU
• Format: Others
• Language: zh-TW
• Published: 1998
• Online Access: http://ndltd.ncl.edu.tw/handle/70124467502015667082

碩士 === 淡江大學 === 產業經濟學系 === 86 === The objective of this thesis is to study the savings of the family members.Families account for significant importance in the economic system.However,the traditional discussion on family issues was limited to the behavior of families in the market.It was not until the 60's that economists recognized the profound impact of inter-family behavior on economy and the internal behavior of families became the object of economic analysis. Intergenerational transfer gained much attention when studying family economics.The importance of such issue lies in its influence on the consumption and savings of the individual members of the family and hence,the performance of macroeconomy. As to the income transfer from parents to children,can parents change the saving behavior of children by means of their own saving behavior with incomplete information?Under such circumstances,how does the most appropriate saving behavior of parents affect the savings of the entire society?These are the issues to be addressed in this paper.The estate and gift tax- rates posted by the government affect the savings and gift( transfer) behavior within family members,however whether the inversely proportional change of estate rate and gift tax rate of government impose "trade off"effect on the savings of parents and children is another issues to be adressed herein.The conclusion showed that the changes of the government tax rates do not have a complete trade-off effect on the saving of parents and children.