Wealth Inequality and Intergenerational Links

Previous work has had difficulty generating household saving behaviour that makes the distribution of wealth much more concentrated than that of labour earnings, and that makes the richest households hold onto large amounts of wealth, even during very old age. I construct a quantitative, general equ...

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Veröffentlicht in:The Review of economic studies 2004-07, Vol.71 (3), p.743-768
1. Verfasser: De Nardi, Mariacristina
Format: Artikel
Sprache:eng
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