Bossmann, Martin; Kleiber, Christian; Wälde, Klaus - Wirtschaftswissenschaftliches Zentrum <Basel> - 2007
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...