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The Role of Intergenerational Transfers in Aggregate Capital Accumulation

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NBER1980-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w0445
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资源简介:
This paper uses historicaI U.S. data to directly estimate the contribution of intergenerational transfers to aggregate capital accumulation. The evidence presented indicates that intergenerational transfers account for the vast majority of aggregate U.S. capital formation; only a negligible fraction
创建时间:
1980-02-01
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