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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w21721 |
来源ID | Working Paper 21721 |
Wealth Distribution and Social Mobility in the US: A Quantitative Approach | |
Jess Benhabib; Alberto Bisin; Mi Luo | |
发表日期 | 2015-11-16 |
出版年 | 2015 |
语种 | 英语 |
摘要 | This paper attempts to quantitatively identify the factors that drive wealth dynamics in the U.S. and are consistent with its observed skewed cross-sectional distribution and social mobility. We concentrate on three critical factors: a skewed and persistent distribution of earnings, differential saving and bequest rates across wealth levels, and capital income risk. All of these factors are necessary for matching both distribution and mobility, with a distinct role in inducing wealth accumulation near the borrowing constraints, contributing to the thick top tail of wealth, and affecting upward and/or downward social mobility. |
主题 | Macroeconomics ; Consumption and Investment |
URL | https://www.nber.org/papers/w21721 |
来源智库 | National Bureau of Economic Research (United States) |
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/579396 |
推荐引用方式 GB/T 7714 | Jess Benhabib,Alberto Bisin,Mi Luo. Wealth Distribution and Social Mobility in the US: A Quantitative Approach. 2015. |
条目包含的文件 | 条目无相关文件。 |
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