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dc.contributor.authorKleiber, Christianen_US
dc.contributor.authorSexauer, Martinen_US
dc.contributor.authorWälde, Klausen_US
dc.date.accessioned2006-09-05en_US
dc.date.accessioned2009-07-28T08:11:54Z-
dc.date.available2009-07-28T08:11:54Z-
dc.date.issued2006en_US
dc.identifier.urihttp://hdl.handle.net/10419/25768-
dc.description.abstractThis paper examines the role of bequests and of taxation on bequests for the distribution of wealth. We investigate a model with overlapping generations and heterogenous households where parents derive utility directly from their bequests. Using the coefficient of variation as the measure of inequality, bequests per se diminish the inequality of wealth since they raise private savings and hence average wealth holdings more than the variance of wealth. From a policy perspective, taxing bequests and redistributing government revenue lump-sum among the young generation further decreases wealth inequality.en_US
dc.language.isoengen_US
dc.publisherCESifo Münchenen_US
dc.relation.ispartofseriesCESifo working paper 1723en_US
dc.subject.jelD31en_US
dc.subject.jelH23en_US
dc.subject.ddc330en_US
dc.subject.stwErbeen_US
dc.subject.stwErbschaftsteueren_US
dc.subject.stwVermögensverteilungen_US
dc.subject.stwOverlapping Generationsen_US
dc.subject.stwTheorieen_US
dc.titleBequests, taxation and the distribution of wealth in a general equilibrium modelen_US
dc.typeWorking Paperen_US
dc.identifier.ppn516983857en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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