Social Mobility: The Barro-Becker Children Meet the Laitner-Loury Dynasties

I compare the predictions of two types of dynastic models for the persistence of wealth across generations: models that focus on uninsurable risk and intergenerational consumption smoothing but abstract from the fertility decision, such as Loury and Laitner, and models without risk that focus on the...

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Detalles Bibliográficos
Autor principal: Alvarez, F.
Formato: JOUR
Materias:
Bequest
Dynamic programming
Fertility
Intergenerational transfers
Persistence
Acceso en línea:http://hdl.handle.net/20.500.12110/paper_10942025_v2_n1_p65_Alvarez
Aporte de:
Biblioteca Digital - Facultad de Ciencias Exactas y Naturales (UBA) de Universidad de Buenos Aires

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