Gan, Li (contributor); Gong, Guan (contributor); … - 2006
bequeathable wealth, and whether there is a bequest motive. The objective of this paper is to quantify for single persons how much … they will hold wealth against the possibility of living longer. Bequests are accidental. Starting from a baseline level of … be a complete transfer from the younger generation to the older generation: some of the increase in benefits may be …