• Why do the Rich Save More? A Theory and Australian Evidence 

      Chakrabarty, Debajyoti; Katayama, Hajime; Maslen, Hanna
      Published 2006-03-01
      We provide a theory to explain the existence of inequality in an economy where agents have identical preferences and have access to the same production technology. Agents consume a “utility” good and a “health” good which ...
      Open Access
      Working Paper