Description

Book Synopsis
Arguing that parental actions are important sources of wealth inequality, this book examines the transmission of economic status from one generation to another by constructing a model of parental preferences. It offers evidence on the intergenerational transfer of consumption, earnings and wealth.

Table of Contents
List of Illustrations List of Tables Acknowledgments 1: The Argument for Parental Priorities 2: Indifference Curve Diagrams as Models of Parental Priorities 3: Two Models of Opportunity and Intergenerational Mobility 4: How Altruism Is Influenced by Economic Status 5: Taxation and Intergenerational Mobility in the Three Models 6: The Evolution of Economic Inequality in the United States 7: The Intergenerational Dynamics of Consumption, Earnings, Income, and Wealth 8: Borrowing Constraints and the Persistence of Inequality 9: The Biological Origins of Altruism 10: Classical Discussions of Altruism 11: Intergenerational Altruism and Inequality within the Family 12: Altruism and Giving beyond the Family 13: Altruism and the Principal-Agent Problem 14: Conclusions A Guide to Mathematical Notation References Index

Parental Priorities Economic Inequality

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    A Hardback by Casey B. Mulligan

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      Book details

      Publisher The University of Chicago Press
      Published 2/17/1998 12:00:00 AM
      ISBN-13 9780226548395
      978-0226548395
      ISBN-10 0226548392
      Also in:
      Business, Finance & Law Economic theory and philosophy Macroeconomics Social groups, communities and identities

      Description

      Book Synopsis
      Arguing that parental actions are important sources of wealth inequality, this book examines the transmission of economic status from one generation to another by constructing a model of parental preferences. It offers evidence on the intergenerational transfer of consumption, earnings and wealth.

      Table of Contents
      List of Illustrations List of Tables Acknowledgments 1: The Argument for Parental Priorities 2: Indifference Curve Diagrams as Models of Parental Priorities 3: Two Models of Opportunity and Intergenerational Mobility 4: How Altruism Is Influenced by Economic Status 5: Taxation and Intergenerational Mobility in the Three Models 6: The Evolution of Economic Inequality in the United States 7: The Intergenerational Dynamics of Consumption, Earnings, Income, and Wealth 8: Borrowing Constraints and the Persistence of Inequality 9: The Biological Origins of Altruism 10: Classical Discussions of Altruism 11: Intergenerational Altruism and Inequality within the Family 12: Altruism and Giving beyond the Family 13: Altruism and the Principal-Agent Problem 14: Conclusions A Guide to Mathematical Notation References Index

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