Consider $\mathbb{R}^n$ (for $n \ge 3$). Is it true that every conformal vector field on $\mathbb{R}^n$ is homothetic?
A vector field is homothetic if its flow is a homothety- a conformal map with a constant conformal factor. Equivalently, $V \in \Gamma(T\mathbb{R}^n)$ is homothetic if and only if $$ \lambda \cdot g(X,Y)=g(\nabla_X V,Y)+g(X,\nabla_Y V),$$
where $g$ is the Euclidean metric, and $\lambda \in \mathbb{R}$.
I know the Killing fields are exactly those of the form $$ X(x)=Ax+b, \, \text{ where } \, A \, \text{ is a skew symmetric matrix and } \, b \in \mathbb{R}^n. $$
Is there an explicit description of the conformal algebra of $\mathbb{R}^n$? (somehow I am having trouble finding a reference).
I hope for an elementary argument. (I thought to use Liouville's theorem but this seems an overkill, and I am not sure my use is correct).