The effect of inter vivos gifts taxation on wealth inequality and economic growth

Ryota Nakano (xge009nr@student.econ.osaka-u.ac.jp)
Additional contact information
Ryota Nakano: Graduate School of Economics, Osaka University

No 21-04, Discussion Papers in Economics and Business from Osaka University, Graduate School of Economics

Abstract: In this study, we develop a three-period overlapping generations model with inter vivos gifts and human capital accumulation. We examine the effect of inter vivos gift taxation on wealth inequality and economic growth. The analysis shows that an increase in the tax rate reduces inequality, and a positive tax rate maximizes the growth rate.

Keywords: economic growth; human capital accumulation; intergenerational transfer; wealth inequality; gift taxation (search for similar items in EconPapers)
JEL-codes: I24 O11 O40 (search for similar items in EconPapers)
Pages: 11pages
Date: 2021-05
New Economics Papers: this item is included in nep-dge, nep-gro and nep-pbe
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www2.econ.osaka-u.ac.jp/econ_society/dp/2104.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:osk:wpaper:2104

Access Statistics for this paper

More papers in Discussion Papers in Economics and Business from Osaka University, Graduate School of Economics Contact information at EDIRC.
Bibliographic data for series maintained by The Economic Society of Osaka University (shiryo@econ.osaka-u.ac.jp).