Answering the question of how much wealth inequality arises from inheritance inequality requires data that are unavailable and potentially uncollectable. The alternative approach taken here (from Blinder [1974, 1976] and Davies [1982]) is to simulate the transmission of inequality via bequests.Wealth

Jagadeesh Gokhale

James Sefton

Laurence J. Kotlikoff

Martin Weale

English

Research Papers in Economics

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Simulating the transmission of wealth inequality via bequests

http://www.clevelandfed.org/research/workpaper/1998/Wp9811.pdf

Simulating the transmission of wealth inequality via bequests

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Research Papers in Economics