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do so by exploiting variation in parental wealth and in expected inheritance by birth order, gender composition of …Using novel data on 50,000 Norwegian men, we study the effect of wealth on the probability of internal or international … siblings, and region. We find that wealth discouraged migration in this era, suggesting that the poor could be more likely to …
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do so by exploiting variation in parental wealth and in expected inheritance by birth order, gender composition of …Using novel data on 50,000 Norwegian men, we study the effect of wealth on the probability of internal or international … siblings, and region. We find that wealth discouraged migration in this era, suggesting that the poor could be more likely to …
Persistent link: https://www.econbiz.de/10013101829
deterministic systems, such as looking for multiple peaks in the stationary distribution of states. We develop Markov wealth … processes in which parents' investments in children stochastically determine children's wealth, and consequently their own … others, and that their presence dominates the stationary behavior of the wealth distribution. Typically, mass accumulates …
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