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This paper examines the role of bequests and of taxation on bequests for the distributionof wealth. We investigate a model with overlapping generations and heterogenoushouseholds where parents derive utility directly from their bequests. We obtain allresults analytically. Using the coefficient...
Persistent link: https://www.econbiz.de/10005868349
Reproducibility of economic research has attracted considerable attention in recentyears. So far, the discussion has focused on reproducibility of empirical analyses. Thispaper addresses a further aspect of reproducibility, the reproducibility of computationalexperiments. We examine the current...
Persistent link: https://www.econbiz.de/10008845712
In a series of papers in the 1970s, Camilo Dagum proposed several variants ofa new model for the size distribution of personal income. This Chapter traces thegenesis of the Dagum distributions in applied economics and points out paralleldevelopments in several branches of the applied statistics...
Persistent link: https://www.econbiz.de/10005867862
This paper surveys selected applications of the Lorenz curve and related stochasticorders in economics and econometrics, with a bias towards problems in statisticaldistribution theory. These include characterizations of income distributions in termsof families of inequality measures, Lorenz...
Persistent link: https://www.econbiz.de/10005867863