Growth and Inequality: A Demographic Explanation

This paper investigates the relationship between growth and inequality from a demographic point of view. In an extended model of the accidental bequest with endogenous fertility, we analyze the effects of a decrease in old-age mortality rate on the equilibrium growth rate as well as on the income di... Ausführliche Beschreibung

1. Person: Miyazawa, Kazutoshi
Quelle: in Journal of population economics Vol. 19, No. 3 (2006), p. 559-578
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Format: Online-Artikel
Sprache: English
Veröffentlicht: 2006
Beschreibung: Online-Ressource
Schlagworte: research-article
Inequality
Growth
Fertility
Accidental bequest
D31
J13
O41
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Anmerkung: Copyright: Copyright 2006 Springer-Verlag
Zusammenfassung: This paper investigates the relationship between growth and inequality from a demographic point of view. In an extended model of the accidental bequest with endogenous fertility, we analyze the effects of a decrease in old-age mortality rate on the equilibrium growth rate as well as on the income distribution. We show that the relationship between growth and inequality is at first positive and then may be negative in the process of population aging. The results are consistent with the empirical evidence in some developed countries.
ISSN: 1432-1475

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