Equity-Efficiency Trade-off : the Case of Inheritance Tax (Written in Korean)
This paper examines the effect of redistributive inheritance tax on income distribution and social welfare. The model used here is the Overlapping-Generations Model consisting of individuals with different bequest motives where the lifetime income distribution in each cohort is determined endogenous...
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| Format: | Article |
| Language: | English |
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Korea Development Institute
1990-12-01
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| Series: | KDI Journal of Economic Policy |
| Online Access: | https://doi.org/10.23895/kdijep.1991.12.4.97 |