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オガワ タカユキ
OGAWA Takayuki
小川 貴之 所属 大阪経済大学 経済学部 経済学科 職種 教授 |
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言語種別 | 英語 |
発行・発表の年月 | 2016/01 |
形態種別 | 大学・研究所等紀要 |
標題 | Intergenerational Redistribution and the Dynamics of Wealth Distribution |
執筆形態 | 単著 |
掲載誌名 | Journal of Osaka University of Economics |
掲載区分 | 国内 |
出版社・発行元 | Osaka University of Economics Institute |
巻・号・頁 | 66(5),pp.119-134 |
著者・共著者 | Takayuki Ogawa |
概要 | Using an overlapping-generations model with an age-declining income profile, this paper examines how the intergenerational distribution of consumption, welfare and financial wealth evolves over time. Income redistribution from future generations to the present generation either narrows or widens intergenerational gaps in consumption and welfare depending on the amount of outstanding public bonds. It is also shown that the position of individual financial wealth relative to the social average follows either a humped or monotonically increasing path. |