Fanti, Luciano; Gori, Luca; Tramontana, Fabio - In: Decisions in Economics and Finance 37 (2014) 1, pp. 81-98
This paper introduces the concept of unintentional bequests in a closed economy à la Chakraborty (J Econ Theory 116:119–137, <CitationRef CitationID="CR14">2004</CitationRef>) with overlapping generations. We show that scarce public investments in health can lead to poverty traps depending on the relative size of the output elasticity...</citationref>