G2TT
来源类型Book Section
DOI10.1007/978-3-319-75169-6_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)
URLhttp://pure.iiasa.ac.at/id/eprint/15339/
来源智库International Institute for Applied Systems Analysis (Austria)
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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.
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