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Fertility, Social Mobility and Long Run Inequality: Barro-Becker Families in a Bewley World

Serie

  • 2014 Meeting Papers

Resumen

  • 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.

fecha de publicación

  • 2014

Issue

  • 1326