کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5099880 1377047 2007 27 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
How important is discount rate heterogeneity for wealth inequality?
موضوعات مرتبط
مهندسی و علوم پایه ریاضیات کنترل و بهینه سازی
پیش نمایش صفحه اول مقاله
How important is discount rate heterogeneity for wealth inequality?
چکیده انگلیسی
I find that discount rate heterogeneity increases the Gini coefficient of wealth by around 0.07 to levels that are close to the data. The share of wealth held by the richest 1% of households rises by around 0.04, but falls short of the data by more than 10 percentage points. Discount rate heterogeneity also helps to account for the large wealth inequality observed among households with similar lifetime earnings.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Dynamics and Control - Volume 31, Issue 9, September 2007, Pages 3042-3068
نویسندگان
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