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• W2520169472 abstract "Abstract This paper extends the model of overlapping generations with heterogeneous agents, allowing both classes (capitalist and worker) to hold a positive intergenerational capital stock. The main results were: (i) equilibrium interest rates that maximize the consumption and savings plans of working and capitalist classes were positively affected by taxation; (ii) an increase in taxation and therefore, in transfers to the working class raises the participation of intergenerational inheritance of this class in the total capital stock; (iii) the taxation affects the distribution of wealth between the classes because it increases the participation of the working class in the total capital stock of the economy." @default.
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• W2520169472 date "2016-09-01" @default.
• W2520169472 modified "2023-10-04" @default.
• W2520169472 title "Effects of the taxation on inheritance in a microfounded model of growth and post-Keynesian distribution with overlapping generations and life cycle" @default.
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• W2520169472 doi "https://doi.org/10.1016/j.econ.2016.09.002" @default.
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