New Theoretical Perspectives on the Distribution of Income and Wealth among Individuals: Part III: Life Cycle Savings vs. Inherited Savings
收藏NBER2015-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w21191
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资源简介：
This paper extends the standard life cycle model to a world in which there are also capitalists. We obtain simple formulae describing the equilibrium fraction of wealth held by life-cycle savers. Using these formulae, we ascertain the effects of tax policy or changes in the parameters of the economy
提供机构：
美国国家经济研究局
创建时间：
2015-05-01
