Investment efficiency and intergenerational income distribution: A paradoxical result

Akiomi Kitagawa, Ryo Horii, Koichi Futagami

研究成果: Article査読

抄録

Using a simple overlapping generations model, this note shows that an improvement in the efficiency of human capital investment decreases the net income of the young household while increasing that of the old. Without compensating redistribution, it deteriorates lifetime utilities of all generations except for the initial old households.

本文言語English
ジャーナルEconomics Bulletin
15
1
出版ステータスPublished - 2004

ASJC Scopus subject areas

  • 経済学、計量経済学および金融学(全般)

フィンガープリント

「Investment efficiency and intergenerational income distribution: A paradoxical result」の研究トピックを掘り下げます。これらがまとまってユニークなフィンガープリントを構成します。

引用スタイル