Corpus ID: 59466824

Time Discounting , Savings Behavior and Wealth Inequality *

@inproceedings{Epper2018TimeD,
  title={Time Discounting , Savings Behavior and Wealth Inequality *},
  author={Thomas Epper and E. Fehr and Helga Fehr-Duda and C. Kreiner and D. Lassen and S{\o}ren Leth-Petersen and G. Rasmussen},
  year={2018}
}
  • Thomas Epper, E. Fehr, +4 authors G. Rasmussen
  • Published 2018
  • The distribution of wealth in society is very unequal and has important economic and political consequences. According to standard life-cycle savings theory, differences in time discounting behavior across individuals can play an important role for their position in the wealth distribution. Empirical testing of this hypothesis has been difficult because of serious data limitations. We overcome these limitations by linking an experimental measure of time discounting for a large sample of middle… CONTINUE READING

    Figures and Tables from this paper.

    References

    Publications referenced by this paper.
    SHOWING 1-10 OF 66 REFERENCES
    Saving and wealth in the context of extreme inequality
    • 16
    • Highly Influential
    Wealth Taxation and Wealth Accumulation: Theory and Evidence from Denmark
    • 49
    • PDF
    The Distribution of Wealth and the MPC: Implications of New European Data
    • 64
    • Highly Influential
    • PDF
    Heterogeneity and Persistence in Returns to Wealth
    • 31
    • Highly Influential
    • PDF
    Wealth inequality and intergenerational links
    • 529
    • PDF
    The Distribution of Wealth and the Marginal Propensity to Consume
    • 153
    • Highly Influential
    • PDF
    The Historical Evolution of the Wealth Distribution: A Quantitative-Theoretic Investigation
    • 52
    • PDF
    Sources of Lifetime Inequality
    • 433
    • PDF