Envy and Inequality
We present an overlapping generations economy, populated by heterogeneous agents who care about both consumption relative to others and the bequest they leave to their offspring. We show that saving and bequest rates vary across the income distribution, and we obtain several interesting results. Fir...
Ngo Van Long
|Place of publication:||
Oxford, UK Blackwell Publishing 01.09.2012
Blackwell Publishing Ltd
Wiley Subscription Services, Inc
|published in:||The Scandinavian journal of economics Vol. 114; no. 3; pp. 949 - 973|
|Data of publication:||20120901|
We would like to thank Isabel Galiana and two anonymous referees for useful comments and suggestions. The usual disclaimer applies. F. Alvarez‐Cuadrado acknowledges financial support from the FQRSC and the Spanish Ministry of Science and Technology through the ECO2008‐06395‐C05‐03 project.
|Database:||Social Sciences Citation Index
Web of Science - Social Sciences Citation Index - 2012
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