Hochguertel, Stefan; Ohlsson, Henry - Nationalekonomiska Institutionen, Uppsala Universitet - 2012
wealth distribution over individual life cycles. There are life-cycle motives and precautionary motives for wealth … expect considerable wealth mobility over the life cycle if the life-cycle motives and incentives to accumulate are strong and … and then started to decrease. Age-wealth probability profiles are consistent with life-cycle motives for wealth …