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The Correlation of Wealth Across Generations

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NBER2002-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w9314
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This paper examines the similarity in wealth between parents and their children, and explores alternative explanations for this relationship. We find that the age-adjusted elasticity of child wealth with respect to parental wealth is 0.37, before the transfer of bequests. Lifetime income and
创建时间:
2002-11-01
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