Age, luck, and inheritance:
"We present a mechanism to analytically generate a double Pareto distribution of wealth in a continuous time OLG model with optimizing agents who have bequest motives, are subject to stochastic returns on capital and have uncertain lifespans. We disentangle, roughly, the contribution of inherit...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, Mass.
National Bureau of Economic Research
2008
|
| Schriftenreihe: | Working paper series / National Bureau of Economic Research
14128 |
| Online-Zugang: | Volltext |
| Zusammenfassung: | "We present a mechanism to analytically generate a double Pareto distribution of wealth in a continuous time OLG model with optimizing agents who have bequest motives, are subject to stochastic returns on capital and have uncertain lifespans. We disentangle, roughly, the contribution of inheritance, age and stochastic rates of capital return to wealth inequality, in particular to the Gini coefficient. We investigate the role of the fiscal and redistributive policies for wealth inequality and social welfare"--National Bureau of Economic Research web site |
| Beschreibung: | 63 S. graph. Darst. 22 cm |
Internformat
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| 700 | 1 | |a Zhu, Shenghao |e Verfasser |0 (DE-588)135940761 |4 aut | |
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Datensatz im Suchindex
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| id | DE-604.BV023594006 |
| illustrated | Illustrated |
| index_date | 2024-07-02T22:41:32Z |
| indexdate | 2024-07-09T21:25:16Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-016909336 |
| oclc_num | 254884351 |
| open_access_boolean | 1 |
| owner | DE-521 |
| owner_facet | DE-521 |
| physical | 63 S. graph. Darst. 22 cm |
| publishDate | 2008 |
| publishDateSearch | 2008 |
| publishDateSort | 2008 |
| publisher | National Bureau of Economic Research |
| record_format | marc |
| series2 | Working paper series / National Bureau of Economic Research |
| spelling | Benhabib, Jess 1948- Verfasser (DE-588)121703428 aut Age, luck, and inheritance Jess Benhabib ; Shenghao Zhu Cambridge, Mass. National Bureau of Economic Research 2008 63 S. graph. Darst. 22 cm txt rdacontent n rdamedia nc rdacarrier Working paper series / National Bureau of Economic Research 14128 "We present a mechanism to analytically generate a double Pareto distribution of wealth in a continuous time OLG model with optimizing agents who have bequest motives, are subject to stochastic returns on capital and have uncertain lifespans. We disentangle, roughly, the contribution of inheritance, age and stochastic rates of capital return to wealth inequality, in particular to the Gini coefficient. We investigate the role of the fiscal and redistributive policies for wealth inequality and social welfare"--National Bureau of Economic Research web site Zhu, Shenghao Verfasser (DE-588)135940761 aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.> NBER working paper series 14128 (DE-604)BV002801238 14128 http://papers.nber.org/papers/w14128.pdf kostenfrei Volltext |
| spellingShingle | Benhabib, Jess 1948- Zhu, Shenghao Age, luck, and inheritance |
| title | Age, luck, and inheritance |
| title_auth | Age, luck, and inheritance |
| title_exact_search | Age, luck, and inheritance |
| title_exact_search_txtP | Age, luck, and inheritance |
| title_full | Age, luck, and inheritance Jess Benhabib ; Shenghao Zhu |
| title_fullStr | Age, luck, and inheritance Jess Benhabib ; Shenghao Zhu |
| title_full_unstemmed | Age, luck, and inheritance Jess Benhabib ; Shenghao Zhu |
| title_short | Age, luck, and inheritance |
| title_sort | age luck and inheritance |
| url | http://papers.nber.org/papers/w14128.pdf |
| volume_link | (DE-604)BV002801238 |
| work_keys_str_mv | AT benhabibjess ageluckandinheritance AT zhushenghao ageluckandinheritance |