オガワ タカユキ   OGAWA Takayuki
  小川 貴之
   所属   大阪経済大学  経済学部 経済学科
   職種   教授
発表年月日 2007/05/19
発表テーマ Diamond Meets Weil in the Overlapping-Generations Model
会議名 大阪経済大学制度論研究会
学会区分 研究会・シンポジウム等
発表形式 口頭(一般)
単独共同区分 単独
開催地名 大阪経済大学
開催期間 2007/05/19~2007/05/19
発表者・共同発表者 Takayuki Ogawa(発表者)
概要 By assuming that parents love only part of their children and leave them non-negative bequests, this paper accommodates the overlapping-generations model of Diamond (1965) and that of Weil (1989). Thereby a possible explanation for some stylized facts about wealth distribution is provided. At low levels of capital accumulation, through operative bequests, wealth is unequally distributed within a generation and becomes more concentrated over time. On the other hand, bequests disappear at sufficiently high levels of capital and consequently the wealth inequality is eliminated.