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Author:Lollivier, S.
Title:Dynamics of individual wealth accumulation: a use of simulation methods for estimating limited dependent-variables models
Journal:Economica
2004 : NOV, VOL. 71:284, p. 589-618
Index terms:Economic analysis
Simulation models
Language:eng
Abstract:This article estimates the accumulation of individual wealth. This study aims to test some of the predictions resulting from the buffer-stock model of saving, especially the unit permanent income elasticity of wealth accumulation and the shape of the age profile.
SCIMA record nr: 258553
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