Do bequests increase or decrease wealth inequalities?
This paper finds that individuals in Japan do not leave very significant bequests, that parents often require a quid pro quo for bequests to their children, and that wealthier individuals leave less bequests, meaning that bequests ameliorate wealth inequalities.
Year of publication: |
2009
|
---|---|
Authors: | Horioka, Charles Yuji |
Published in: |
Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 103.2009, 1, p. 23-25
|
Publisher: |
Elsevier |
Keywords: | Bequests Inheritances Intergenerational transfers Wealth inequalities Life cycle wealth |
Saved in:
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