Martinet, Vincent; Del Campo, Stellio; Cairns, Robert D. - In: European Economic Review (2022) forthcoming
We study the interplay between intragenerational and intergenerational equity in an economy with two countries … low as possible to maximize investment and hasten convergence, resulting in important intragenerational inequality. When … social welfare accounts for intragenerational equity, the larger the intragenerational inequality aversion (IIA), the smaller …