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Households hold vastly heterogenous amounts of wealth when they reach retirement, and differences in lifetime earnings … wealth dispersion at retirement, in the context of a rich quantitative model. Modeling voluntary bequests, and realistically … calibrating them, not only generates more wealth dispersion at retirement and reduces the correlation between retirement wealth …
Persistent link: https://www.econbiz.de/10013055193
Households hold vastly heterogenous amounts of wealth when they reach retirement, and differences in lifetime earnings … wealth dispersion at retirement, in the context of a rich quantitative model. Modeling voluntary bequests, and realistically … calibrating them, not only generates more wealth dispersion at retirement and reduces the correlation between retirement wealth …
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