Growth and Inequality: A Demographic Explanation

Kazutoshi Miyazawa

STICERD - Distributional Analysis Research Programme Papers from Suntory and Toyota International Centres for Economics and Related Disciplines, LSE

Abstract: This paper investigates the relationship between growth and inequality from a demographicpoint of view. In an extended model of the accidental bequest with endogenous fertility, weanalyze the effects of a decrease in the old-age mortality rate on the equilibrium growth rateas well as on the income distribution. We show that the relationship between growth andinequality is at first positive and then may be negative in the process of population aging. Theresults are consistent with the empirical evidence in some developed countries.

Keywords: Inequality; Growth; Fertility; Accidental bequest (search for similar items in EconPapers)
JEL-codes: D31 J13 O41 (search for similar items in EconPapers)
Date: 2005-07
New Economics Papers: this item is included in nep-dev
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Related works:
Journal Article: Growth and inequality: a demographic explanation (2006)
Working Paper: Growth and inequality: a demographic explanation (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:cep:stidar:75

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