This paper argues that there are good reasons to limit the scope of luck egalitarianism co-existing people. First, I outline be sceptical about how “luck” works intergenerationally and therefore very grounding between non-overlapping generations. Second, argue what Kasper Lippert-Rasmussen calls “core egalitarian claim” allows significant intergenerational inequality which is a problem for thos...

The paper combines a simple monetary overlapping generations model with a simple abstract spatial structure, to produce a model that focuses on the effect of the distribution of cash balances on real and nominal variables, both across the economy, and over time. The model is then used to study the effects of a monetary shock. The economy is endowed with a spatial structure in the form of a Cayl...