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来源类型 | Book Section |
DOI | 10.1007/978-3-319-75169-6_17 |
Does Demography Change Wealth Inequality? | |
Sánchez-Romero M; Wrzaczek S; Prskawetz A; Feichtinger G | |
发表日期 | 2018 |
出处 | Control Systems and Mathematical Methods in Economics. pp. 349-375 Springer-Verlag. DOI: 10.1007/978-3-319-75169-6_17 . |
出版年 | 2018 |
语种 | 英语 |
摘要 | In this article, we investigate the effect of demography on wealth inequality. We propose an economic growth model with overlapping generations in which individuals are altruistic towards their children and differ with respect to the age of their parent. We denote the age gap between the parent and their child as generational gap. The introduction of the generational gap allows us to analyze wealth inequality not only across cohorts but also within cohorts. Our model predicts that a decline in fertility raises wealth inequality within cohorts and, simultaneously, it reduces inequality at the population level (across cohorts). In contrast, increases in life expectancy result in a non-monotonic effect on wealth inequality by age and across cohorts. |
主题 | Advanced Systems Analysis (ASA) |
URL | http://pure.iiasa.ac.at/id/eprint/15339/ |
来源智库 | International Institute for Applied Systems Analysis (Austria) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/134638 |
推荐引用方式 GB/T 7714 | Sánchez-Romero M,Wrzaczek S,Prskawetz A,et al. Does Demography Change Wealth Inequality?. 2018. |
条目包含的文件 | 条目无相关文件。 |
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