Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/179631 
Year of Publication: 
2016
Citation: 
[Journal:] EconomiA [ISSN:] 1517-7580 [Volume:] 17 [Issue:] 3 [Publisher:] Elsevier [Place:] Amsterdam [Year:] 2016 [Pages:] 340-350
Publisher: 
Elsevier, Amsterdam
Abstract: 
This paper extends the model of overlapping generations with heterogeneous agents, allowing both classes (capitalist and worker) to hold a positive intergenerational capital stock. The main results were:(i)equilibrium interest rates that maximize the consumption and savings plans of working and capitalist classes were positively affected by taxation;(ii)an increase in taxation and therefore, in transfers to the working class raises the participation of intergenerational inheritance of this class in the total capital stock;(iii)the taxation affects the distribution of wealth between the classes because it increases the participation of the working class in the total capital stock of the economy.
Abstract (Translated): 
Este artigo estende o modelo de gerações sobrepostas com agentes heterogêneos, permitindo que ambas as classes (capitalista e trabalhador) mantenham um estoque de capital intergeracional positivo. Os principais resultados foram:(i)as taxas de juros de equilíbrio que maximizam os planos de consumo e poupança das classes operária e capitalista foram positivamente afetadas pela tributação;(ii)aumento da tributação e, portanto, nas transferências para a classe trabalhadora, eleva a participação da herança intergeracional desta classe no capital social total;(iii)a tributação afeta a distribuição de riqueza entre as classes porque aumenta a participação da classe trabalhadora no capital total da economia.
Subjects: 
Intertemporal consumption
Post-Keynesian
Government transfers
JEL: 
E12
E60
D91
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

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