An Analysis of Fiscal Policy Under Operative and Inoperative Bequest Motives
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https://www.nber.org/papers/w2298
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This paper presents a general equilibrium model with logarithmic preferences and technology. If the non-negativity constraint on bequests is strictly binding, then the bequest motive is characterized as inoperative. After determining the conditions for operative and inoperative bequest motives, the
本文构建了一个包含对数偏好(logarithmic preferences)与技术的一般均衡模型(general equilibrium model)。若遗产的非负约束为紧约束,则遗产动机被界定为无效状态。在明确了遗产动机有效与无效的判定条件后,本文
提供机构:
美国国家经济研究局
创建时间:
1987-06-01



