{"id":"GSX:POP-008:A03","local_id":"A03","name":"Clean compounding case","statement":"If parents and children earn the same return, pay no tax, never consume the asset, and can borrow freely, family wealth does not depend on which generation legally holds the capital.","value":"qualitative","unit":"not a scalar","type":"model assumption","provenance":"Manuscript qualification","evidence_strength":"model assumption","sensitivity":"high","alternatives":["Deposit constraints, expensive credit, tax, and consumption"],"href":"https://greyscienx.com/research/population-futures/inheritance-after-retirement/assumptions/A03"}