Random earnings differences, lifetime liquidity constraints, and altruistic intergenerational transfers
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Publication:1207486
DOI10.1016/0022-0531(92)90051-IzbMath0765.90025OpenAlexW2047164980WikidataQ115792400 ScholiaQ115792400MaRDI QIDQ1207486
Publication date: 1 April 1993
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/0022-0531(92)90051-i
intergenerational transfersprivate savings behaviorstationary cross- sectional distribution of wealth
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- Long-run equilibria with borrowing constraints and altruism
- A law of large numbers in the theory of consumer's choice under uncertainty
- An income fluctuation problem
- The permanent income hypothesis: A theoretical formulation
- Utility functionals with nonpaternalistic intergenerational altruism
- Intergenerational Transfers and the Distribution of Earnings
- Household Bequest Behaviour and the National Distribution of Wealth
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