The purpose of this paper is to investigate the relationship between income inequality and bequest division rules, an old but untouched topic addressed by Sir Josiah Stamp nearly seventy years ago. We show that the bequest income transition rule for each child should be linearly combined to form...

One question development economists are especially interested in, but so far left unanswered, is how the societal income distribution would be affected by introducing a family-planning program to reduce the reproduction rate of the poor, which is usually high in developing countries. The purpose...