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Growth and inequality: a demographic explanation

Miyazawa, Kazutoshi (2006) Growth and inequality: a demographic explanation. DARP, 87. Suntory and Toyota International Centres for Economics and Related Disciplines, London School of Economics and Political Science, London, UK.

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Identification Number: 87

Abstract

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.

Item Type: Monograph (Discussion Paper)
Official URL: http://sticerd.lse.ac.uk
Additional Information: © 2006 Kazutoshi Miyazawa
Subjects: H Social Sciences > HQ The family. Marriage. Woman
H Social Sciences > HN Social history and conditions. Social problems. Social reform
Sets: Collections > Economists Online
Research centres and groups > Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD)
Date Deposited: 05 Jul 2008 12:50
Last Modified: 01 Oct 2010 08:57
URI: http://eprints.lse.ac.uk/id/eprint/6539

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