influenced indirectly, through parental investments in education and earnings capacity, whereas the wealth holdings of families …

evolution of wealth inequality in Canada between 1984 and 1999. Our main findings are as follows: 1) Wealth inequality has … increased between 1984 and 1999; 2) the growth in wealth inequality has been associated with substantial declines in real … average and median wealth for recent immigrants and young couples with children; 3) real median wealth and real average wealth …

Five waves of the Panel Study of Income Dynamics (PSID), 1985-1989 including both wealth supplements, are used to …

distribution of agents' discount parameters. Degenerate wealth distributions, in which only the most patient agents have any wealth …, are avoided by having a fraction of the agents die each period, and bequeath their wealth to descendants with … agents' stocks of wealth depend on their inherited wealth. If a patient individual lives long enough, she will retire and …

Five waves of the Panel Study of Income Dynamics (PSID), 1985-1989 including both wealth supplements, are used to …

.e., their prediction ability), and derives an aggregate production function as a result of entrepreneurship. An increase in … affects the total factor productivity (TFP) of an economy, the model can explain how entrepreneurship influences TFP. …

This paper examines a particular aspect of entrepreneurship, namely firms' activities in adapting to idiosyncratic …