| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP12873 |
| DP12873 Socially Optimal Wealth Inequality | |
| PIETRO REICHLIN | |
| 发表日期 | 2018-04-17 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | I discuss two alternative notions of social welfare (utilitarian and self-enforcing) in a dynastic model with heterogeneous and persistent degrees of parental altruism and evaluate the implied levels of consumption inequality. Then, I study a decentralization of planning optima in a competitive equilibrium where the only source of inequality arises from intergenerational wealth transmission and I show that the self-enforcing criterion implies a negative tax rate on the less altruistic individuals’ capital income. |
| 主题 | Macroeconomics and Growth ; Public Economics |
| 关键词 | Wealth Inequality Capital taxation |
| URL | https://cepr.org/publications/dp12873 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/541684 |
| 推荐引用方式 GB/T 7714 | PIETRO REICHLIN. DP12873 Socially Optimal Wealth Inequality. 2018. |
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