Type of Activity:

Other Journal Article

Title:

Simulating the Transmission of Wealth Inequality via Bequests

NIESR Author 1:

Martin Weale

NIESR Author 2:

James Sefton

External Authors:

Gokhale, J. Kotlikoff, L.

Journal name:

Journal of Public Economics

Volume of Journal:

79

Number of Journal:

Pages in Journal:

93- 128

Date:

JEL Classification:

Keywords:

External Web Link:

Link to PDF file of full version:

Notes / Summary / Abstract:

Answering the question of how much wealth inequality arises from inheritance inequality requires data that are unavailable and potentially uncollectable. The alternative approach taken here (from Blinder [1974, 1976] and Davies [1982]) is to simulate the transmission of inequality via bequests.



go to:

http://ideas.repec.org/p/fip/fedcwp/9811.html