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Saving behavior of older households : rate-of-return, precautionary and inheritance effects

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Hamermesh, Daniel S. - In: Economic inquiry : journal of the Western Economic … 25 (1987) 1, pp. 55-66

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Wealth inequality as cohorts age

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Planned and unplanned bequests

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Planned and Unplanned Bequests

Hamermesh, Daniel S.; Menchik, Paul L. - 2021

We make the distinction between bequests that are planned as part of some lifetime optimization stemming from a bequest motive, and those that are unplanned and result when the date of death differs from what the consumer might forecast. Lifetime optimization should lead to a negative effect or...

Persistent link: https://www.econbiz.de/10013217240

Planned and Unplanned Bequests

Hamermesh, Daniel S. - 1984

Persistent link: https://www.econbiz.de/10012477590