Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/25768 
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dc.contributor.authorKleiber, Christianen
dc.contributor.authorSexauer, Martinen
dc.contributor.authorWälde, Klausen
dc.date.accessioned2006-09-05-
dc.date.accessioned2009-07-28T08:11:54Z-
dc.date.available2009-07-28T08:11:54Z-
dc.date.issued2006-
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
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x1723en
dc.subject.jelD31en
dc.subject.jelH23en
dc.subject.ddc330en
dc.subject.stwErbeen
dc.subject.stwErbschaftsteueren
dc.subject.stwVermögensverteilungen
dc.subject.stwOverlapping Generationsen
dc.subject.stwTheorieen
dc.titleBequests, taxation and the distribution of wealth in a general equilibrium model-
dc.typeWorking Paperen
dc.identifier.ppn516983857en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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