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

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ISBN 10: 0226764540 ISBN 13: 9780226764542
Published by University of Chicago Press, 1980
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Very Good condition. Very Good dust jacket. Volume 46. A copy that may have a few cosmetic defects. May also contain light spine creasing or a few markings such as an owner's name, short gifter's inscription or light stamp. Seller Inventory # I32K-00846

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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?

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

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Bibliographic Details

Title: Modeling the Distribution and ...
Publisher: University of Chicago Press
Publication Date: 1980
Binding: Hardcover
Condition: Very Good
Dust Jacket Condition: Dust Jacket Included

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