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American Economic Review Vol. 92 No. 2 2002

Wealth Inequality and Altruistic Bequests

John Laitner

Department of Economics, University of Michigan, Ann Arbor, MI 48109.

Abstract

This paper examines the role of bequests and inter vivos gifts in the U.S. economy, considering their importance in determining (i) the economy’s aggregate capital stock, (ii) the distribution of private net worth, and (iii) public policy outcomes and options. It focuses on several recent calibrated simulations.(This abstract was borrowed from another version of this item.)

DOI
10.1257/000282802320189384
Volume
92
Issue
2
Pages
270-273
Language
en
Sources
bibtex:phds-export.bib openalex crossref

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