28-8-20, Colombes, Scott (américain) gagne le 800 m : [photographie de presse] / [Agence Rol]

Référence bibliographique : Rol, 60796

Pesage de [Georges] Carpentier, match [de boxe contre Battling] Levinsky, Central New York [le 12 octobre 1920] : [photographie de presse] / [Agence Rol]

Référence bibliographique : Rol, 61694

[28-8-20, Colombes, Anatole] Bolin (Suède) Scott (Amérique) : [photographie de presse] / [Agence Rol]

Référence bibliographique : Rol, 60805

Match [Georges] Carpentier - [Battling] Levinsky, les deux champions avant le match, combat [de boxe, le 12 octobre 1920], Central New York : [photographie de presse] / [Agence Rol]

Référence bibliographique : Rol, 61695

Ile Ellis montrant l'emplacement où on a reçu des milliers d'émigrants : [photographie de presse] / [Agence Rol]

Référence bibliographique : Rol, 61720

How Important Are Intergenerational Transfers of Time? a Macroeconomic Analysis.

This paper examines the implications of intergenerational transfers of time and money for labor supply and capital accumulation. Although intergenerational transfers of time in the form of grandparenting are as substantial as monetary transfers in the data, little is known about the role and importance of time transfers. In this paper, we calibrate an overlapping generations model extended to allow for both time and monetary transfers to the US economy. We use simulations to show that time transfers have important positive effects on capital accumulation and that these effects can be as significant as those of monetary transfers. However, while time transfers increase the labor supply of the young, monetary transfers produce an income effect that tends to decrease work effort. We also find that child care tax credits have little impact on parental time and money transfers, but that a universal child tax credit would increase the welfare of the rich while the poor would benefit from a means-tested program.