Inherited Wealth and Demographic Aging

Inherited Wealth and Demographic Aging

The role of inherited wealth in modern economies has increasingly come under scrutiny. This study presents one of the first attempts to shed light on how demographic aging could shape this role. It shows that, in the absence of retirement annuities...

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Bibliographic Details
Main Authors: Onder, Harun, Pestieau, Pierre
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2016
Subjects:
RETIREMENT ANNUITIES
GENES
ECONOMIC GROWTH
RETIREES
NOMINAL WAGE
UTILITY FUNCTIONS
OLD AGE
MORTALITY DECLINE
RETIREMENT
NATURE
INTEREST
INCOME
INTEREST RATE
UTILITY MAXIMIZATION
INDEXATION
SURVIVAL RATE
INTERGENERATIONAL TRANSFERS
WELFARE
HEALTH
EQUILIBRIUM
POLICY DISCUSSIONS
EVOLUTION
VARIABLES
PUBLICATIONS
WEALTH
PENSION
SURVIVAL
SAVINGS
POPULATION GROWTH
FERTILITY RATES
HETEROGENEITY
INTEREST RATES
PREFERENCES
FERTILITY RATE
LONGER LIVES
OVERLAPPING GENERATIONS MODEL
MORTALITY RATE
SOCIAL SECURITY
INHERITANCES
PAY AS YOU GO
UTILITY
PENSION FUNDS
MORTALITY
PUBLIC PENSIONS
ECONOMIC RESEARCH
RESPECT
PROGRESS
CONSUMPTION
OPPORTUNITY COST
CAPITAL
WAGES
ANNUITIES
WOMAN
POLICY RESEARCH WORKING PAPER
PENSIONS
VALUE
POPULATION GROWTH RATES
EARLY DEATH
PRODUCTION FUNCTIONS
MACROECONOMICS
SINGLE CHILD
LONGEVITY RISKS
UTILITY FUNCTION
INCOME DISTRIBUTION
CHANGES IN FERTILITY
RETIREMENT SAVING
PRIVATE PENSIONS
POLICY
PRODUCTION FUNCTION
CHILDREN PER WOMAN
FUNCTIONAL FORMS
RETIREMENT SAVINGS
TAXATION
GOODS
THEORY
WARS
ANNUITY
WAR
NUMBER OF CHILDREN
LOWER FERTILITY
UNCERTAINTY
FUNDED PENSIONS
POPULATION
POLICY RESEARCH
FERTILITY
VARIANCE
INHERITANCE
RISK AVERSION
LIFE SPANS
PENSION PLANS
HEALTHY LIFE
PUBLIC PENSION
MARGINAL UTILITY
TERN
ALTRUISM
DEVELOPMENT POLICY
PUBLIC GOODS
Online Access:http://documents.worldbank.org/curated/en/2016/06/26543427/inherited-wealth-demographic-aging
http://hdl.handle.net/10986/24656

Internet

http://documents.worldbank.org/curated/en/2016/06/26543427/inherited-wealth-demographic-aging
http://hdl.handle.net/10986/24656

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