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Subject
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Income distribution 1 Inheritance 1 Search and matching 1 Status conscious preference 1
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Free 1
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Book / Working Paper 1
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Undetermined 1
Author
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Mazumder, Debojyoti 1 Santra, Sattwik 1
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Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München 1
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MPRA Paper 1
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RePEc 1
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Unemployment and Inheritance Linkage: A Dynamic General Equilibrium Analysis
Mazumder, Debojyoti; Santra, Sattwik - Volkswirtschaftliche Fakultät, … - 2009
This general equilibrium model seeks to find an explicit relationship between inheritance (and hence, the long run wealth distribution) and the unemployment, generated due to search-friction in the labor market. The existence of unemployment in the equilibrium is guaranteed together with a...
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