Growth with unintended bequests

Authors
Cipriani, GP
Citation
Gp. Cipriani, Growth with unintended bequests, ECON LETT, 68(1), 2000, pp. 51-53
Citations number
3
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
68
Issue
1
Year of publication
2000
Pages
51 - 53
Database
ISI
SICI code
0165-1765(200007)68:1<51:GWUB>2.0.ZU;2-I
Abstract
In an overlapping generations model with finite lifetimes sustained growth is possible if there is a positive risk of death. A redistribution occurs w hen non-altruistic parents leave unintended bequests to their children. (C) 2000 Elsevier Science S.A. All rights reserved. JEL classification: D9; O4 0.