Exploring Intergenerational Wealth Transfer Dynamics with Agent-Based Models

Osonde A Osoba; Jonathan W Welburn; Jonathan Lamb; Pedro Nascimento de Lima; Krishna B Kumar

Abstract

This paper introduces a modeling environment that could be used for testing the long run impacts of policy interventions on differences between white and Black wealth.

Publication Impact Statistics

Topics

intergenerational wealth transfer agent-based modeling economic inequality racial wealth gap wealth dynamics social equity economic policy

Citation

@book{Osoba2023,
author = {Osoba, Osonde A and Welburn, Jonathan W and Lamb, Jonathan and {Nascimento de Lima}, Pedro and Kumar, Krishna B},
doi = {10.7249/WRA1259-8},

mendeley-groups = {00 - pedropapers},
publisher = {RAND Corporation},
title = {{Exploring Intergenerational Wealth Transfer Dynamics with Agent-Based Models}},
url = {https://www.rand.org/pubs/working_papers/WRA1259-8.html},
year = {2023}
}