Fertility, Social Mobility and Long Run Inequality: Barro-Becker Families in a Bewley World
rich individuals have less number of children. Key to the result is that the elasticity of intergenerational substitution is larger than one. We study the implications for long run inequality.
|Date of creation:||2014|
|Contact details of provider:|| Postal: Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA|
Web page: http://www.EconomicDynamics.org/
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