Skewed Wealth Distributions: Theory and Empirics
Skewed Wealth Distributions: Theory and Empirics
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DOI：
10.1257/jel.20161390
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发表时间：
2018-12-01
影响因子：
12.6
通讯作者：
Bisin, Alberto
中科院分区：
文献类型：
--
作者：
Benhabib, Jess;Bisin, Alberto
然而，在一个国家和一个时期的横截面上，财富分布向右倾斜，显示出厚的上尾，即最高财富份额大而缓慢下降。在本综述中，我们根据产生偏态和厚尾的潜在经济机制对财富分配的理论研究进行了分类。此外，我们还展示了这些机制是如何通过理性主体在特定经济和人口环境中的消费-储蓄决策来微观建立的。最后，我们将大量关于财富分配的实证研究映射到其理论基础上。
Invariably, across a cross-section of countries and time periods, wealth distributions are skewed to the right displaying thick upper tails, that is, large and slowly declining top wealth shares. In this survey, we categorize the theoretical studies on the distribution of wealth in terms of the underlying economic mechanisms generating skewness and thick tails. Further, we show how these mechanisms can be micro-founded by the consumption-savings decisions of rational agents in specific economic and demographic environments. Finally we map the large empirical work on the wealth distribution to its theoretical underpinnings.