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Persistent link: https://www.econbiz.de/10000851464
This paper measures, via the cumulation of life cycle saving method, the contribution of transfer to total wealth accumulation among worker households from 1974 to 1984. The findings suggest that under either the Modigliam or Kotlifoff and Summers definitions of transfer wealth, capital...
Persistent link: https://www.econbiz.de/10014187065