Modeling the Distribution and Intergenerational Transmission of Wealth (National Bureau of Economic Research - Studies in Income and Wealth, Volume 46) - Hardcover

Various

 
9780226764542: Modeling the Distribution and Intergenerational Transmission of Wealth (National Bureau of Economic Research - Studies in Income and Wealth, Volume 46)
Hardcover
ISBN 10: 0226764540 ISBN 13: 9780226764542
Publisher: University of Chicago Press, 1980

Synopsis

This pioneering volume uses modern statistical and simulation techniques to explain the process of wealth transmission and the persistent problem of the unequal distribution of wealth. These papers reflect a shift from the traditional cross-sectional measurement to an intertemporal focus by attempting to model mathematically the actual process by which wealth is acquired and transmitted. There are many questions to be answered: What are the factors influencing saving? What is the role of mating? What decides ownership between spouses? How are rare assets distributed by divorce? What are the patterns of behavior in making gifts and bequests? And what is the effect of the relative ages of the persons involved?

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About the Author

James D. Smith is economist and senior project director at the Institute for Social Research, University of Michigan at Ann Arbor.

"About this title" may belong to another edition of this title.

Publisher
University of Chicago Press
Publication date
1980
Language
English
ISBN 10 
0226764540
ISBN 13 
9780226764542
Binding
Hardcover
Edition number
1
Number of pages
344
Editor
James D. Smith