Growth with unintended bequests

被引:8
作者
Cipriani, GP [1 ]
机构
[1] Univ Bristol, Dept Econ, Bristol BS8 1TN, Avon, England
关键词
endogenous growth; overlapping generations; finite lifetimes;
D O I
10.1016/S0165-1765(00)00236-6
中图分类号
F [经济];
学科分类号
02 ;
摘要
In an overlapping generations model with finite lifetimes sustained growth is possible if there is a positive risk of death. A redistribution occurs when non-altruistic parents leave unintended bequests to their children. (C) 2000 Elsevier Science S.A. All rights reserved. JEL classification: D9; O40.
引用
收藏
页码:51 / 53
页数:3
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