in The Quarterly Journal of Economics
August 2011; p ublished online August 2011 .
Journal Article. Subjects: Demographic Economics; Macroeconomics and Monetary Economics; Growth and Fluctuations; General Aggregative Models; Microeconomics. 22627 words.
This article attempts to document and account for the long-run evolution of inheritance. We find that in a country like France the annual flow of inheritance was about 20–25% of national...
in Cambridge Journal of Economics
July 2009; p ublished online July 2009 .
Journal Article. Subjects: Economics; Prices, Business Fluctuations, and Cycles; Money and Interest Rates; Financial Institutions and Services; Monetary Policy, Central Banking, and the Supply of Money and Credit; General Aggregative Models; Capitalist Systems; Macroeconomics and Monetary Economics; Growth and Fluctuations; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 12961 words.
We are in the midst of a global financial crisis accompanied by a deep and probably long-lasting economic downturn; indeed, some analysts are already calling this the first depression of...