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The objective of this paper is two-fold. First, we describe and compare the gift and bequest (estate) tax systems in the United States and Japan. Second, we use tax data to estimate the magnitude of intergenerational transfers. The magnitude of intergenerational transfers provides aid in...
Persistent link: https://www.econbiz.de/10013217215
The objective of this paper is two-fold. First, we describe and compare the gift and bequest (estate) tax systems in the United States and Japan. Second, we use tax data to estimate the magnitude of intergenerational transfers. The magnitude of intergenerational transfers provides aid in...
Persistent link: https://www.econbiz.de/10012475314
We evaluate a temporary public sector employment program targeted at individuals with weak labor market attachment, applying dynamic inverse probability weighting to account for dynamic selection. We show that the program is successful in increasing employment and reducing social assistance....
Persistent link: https://www.econbiz.de/10012879620
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United States) from the "Japan Household Panel Survey on Consumer Preferences and Satisfaction (JHPS-CPS)" which has been … light on the impact of intergenerational transfers on household wealth disparities and on possible reasons for the … substantial differences in household wealth disparities among the 4 countries. Almost all of the evidence I present suggests that …
Persistent link: https://www.econbiz.de/10015066903
by land inheritance, other bequests and parental background as influences on an adult's economic welfare and economic … land and housing bring little gain to mean consumption and play little role in explaining inequality. Inheritance of non … more important to adult welfare than property inheritance. Significant gender inequality in consumption is evident …
Persistent link: https://www.econbiz.de/10009311712
an individualized measure of consumption, this paper studies the role played by land inheritance, other bequests and … activity. Inheritance of non-land assets and the education and occupation of parents (especially the mother) and their choices … about children's schooling are more important to adult welfare than property inheritance. Significant gender inequality in …
Persistent link: https://www.econbiz.de/10011394947