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Inheritance and the Distribution of Wealth

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Author Info
Frank A Cowell

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Abstract

The theory of functional equations is used to clarify the relationship between equilibrium distributions of wealth and population parameters such as the distribution of families by size, marriage patterns, tax mechanisms and savings behaviour within a simple model of inheritance.

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File URL: http://sticerd.lse.ac.uk/dps/darp/darp34.pdf
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Publisher Info
Paper provided by Suntory and Toyota International Centres for Economics and Related Disciplines, LSE in its series STICERD - Distributional Analysis Research Programme Papers with number 34.

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Date of creation: May 1998
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Handle: RePEc:cep:stidar:34

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Related research
Keywords: Inheritance; wealth; Pareto distribution;

Cited by:
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  1. Lorelei Crisologo-Mendoza; & Dirk Van de gaer, 1997. "Population Growth and Customary Law on Land: The Case of Cordillera Villages in the Philippines," Economics, Finance and Accounting Department Working Paper Series n761197, Department of Economics, Finance and Accounting, National University of Ireland - Maynooth. [Downloadable!]
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This page was last updated on 2009-12-15.

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