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...

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Bibliographic details
Volume: 114
Main Author: Francisco Alvarez-Cuadrado
Ngo Van Long
Format: Journal Article
Language: English
Zielgruppe: Trade
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
ISSN: 0347-0520
EISSN: 1467-9442
Discipline: Economics
Bibliography: 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.
Online Access: Fulltext
Database: Social Sciences Citation Index
Web of Science - Social Sciences Citation Index - 2012
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Web of Science
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