How important is discount rate heterogeneity for wealth inequality?
DOI10.1016/J.JEDC.2006.10.002zbMATH Open1163.91538OpenAlexW3123881516MaRDI QIDQ1027408FDOQ1027408
Authors: Lutz Hendricks
Publication date: 1 July 2009
Published in: Journal of Economic Dynamics and Control (Search for Journal in Brave)
Full work available at URL: https://www.cesifo.org/DocDL/cesifo1_wp1604.pdf
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Cites Work
Cited In (13)
- Inequality and catching-up under decreasing marginal impatience
- Health, wealth, and informality over the life cycle
- Thomas Piketty and the rate of time preference
- The housing cost disease
- Instability and concentration in the distribution of wealth
- Heterogeneity of consumption responses to income shocks in the presence of nonlinear persistence
- The distribution of wealth and the marginal propensity to consume
- Coexistence of money and interest-bearing bonds
- Subjective life expectancies, time preference heterogeneity, and wealth inequality
- Heterogeneity and persistence in returns to wealth
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- WEALTH INEQUALITY: DATA AND MODELS
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