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Inherited wealth has attracted much attention recently, much due to the research by Thomas Piketty (Piketty, 2011; 2014 … historical inheritance flows are only really available for France and to some extent for the U.K. We study the long-run evolution … of inherited wealth in Sweden over the past two hundred years. The trends in Sweden are similar to those in France and …
Persistent link: https://www.econbiz.de/10010472741
Inherited wealth has attracted much attention recently, much due to the research by Thomas Piketty (Piketty, 2011; 2014 … historical inheritance flows are only really available for France and to some extent for the U.K. We study the long-run evolution … of inherited wealth in Sweden over the past two hundred years. The trends in Sweden are similar to those in France and …
Persistent link: https://www.econbiz.de/10013039645
Persistent link: https://www.econbiz.de/10012234431
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This paper reviews four well known theoretical models of private bequest behavior, notes their differing implications for public policy, and discusses a way of empirically discriminating among them. Then it implements the test with micro data from Sweden (LLS) and the U.S. (PSID). The so-called...
Persistent link: https://www.econbiz.de/10011586264
The empirical evidence suggests that parents use inter vivos gifts (i.e., transfers of tangible and financial property) to compensate less well off children whereas post mortem bequests are divided equally among siblings. We study a theoretical model assuming, first, that the amounts given is...
Persistent link: https://www.econbiz.de/10011589028
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