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Are the Japanese unique? : evidence from household saving and bequest behavior
Horioka, Charles - 2016
In this paper, we attempt to shed light on whether Japanese households are rational or if their behavior is influenced by culture and social norms by examining their saving and bequest behavior. To summarize our main findings, we find that Japan's household saving rate showed great volatility,...
Persistent link: https://www.econbiz.de/10011478422
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Compensatory inter vivos gifts
Hochgürtel, Stefan; Ohlsson, Henry - 2007
This discussion paper led to a publication in href=http://onlinelibrary.wiley.com/doi/10.1002/jae.1071/fullJournal of Applied Econometrics, 24(6), 993-1023.Parents’ transfer motives are important for understanding, e.g., macroeconomics, income (re)distribution, savings, and public finance....
Persistent link: https://www.econbiz.de/10011372976
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Post mortem reputation, compensatory gifts and equal bequests
Lundholm, Michael; Ohlsson, Henry - 1999
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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Tax Avoidance and Intra-Family Transfers
Nordblom, Katarina; Ohlsson, Henry - 2005
To what extent do people avoid taxes on intra-family transfers (bequests and gifts), and how would integration (unification) of the different transfers taxes affect tax avoidance? These issues are important for families and their welfare, as well as for governments and their possibilities of...
Persistent link: https://www.econbiz.de/10010321612
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Post Mortem Reputation, Compensatory Gifts and Equal Bequests
Lundholm, Michael; Ohlsson, Henry - 1999
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/10010321811
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Compensatory Inter Vivos Gifts
Hochguertel, Stefan; Ohlsson, Henry - 2007
This discussion paper led to a publication in href=http://onlinelibrary.wiley.com/doi/10.1002/jae.1071/fullJournal of Applied Econometrics, 24(6), 993-1023.Parents’ transfer motives are important for understanding, e.g., macroeconomics, income (re)distribution, savings, and public finance....
Persistent link: https://www.econbiz.de/10010325497
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Equal bequests and parental altruism : compatibility or orthogonality?
Stark, Oded - 1998
and explains why equal bequests to children whose earnings differ, and parental altruism toward these children, are not … mutually exclusive. -- parental altruism ; equal bequests …
Persistent link: https://www.econbiz.de/10009699968
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Counter-compensatory inter-vivos transfers and parental altruism : compatibility or orthogonality?
Stark, Oded; Zhang, Junsen - 2000
The intersection of the standard altruism hypothesis with the quite strong evidence that bequests tend to be equal … implication. It has therefore been inferred that the motive underlying inter-vivos transfers is not parental altruism. In this … the child whose earnings are higher. We show that rather than being orthogonal to parental altruism, counter …
Persistent link: https://www.econbiz.de/10009714281
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The Role of Altruism in Sending and Spending Remittances
Shimada, Akira - 2013
We investigate the effects of altruism on migrants' decisions to send money home and on their households' decisions to … invest or to consume those remittances. Previous studies have devoted extensive attention to migrants' altruism toward … recipients and little to recipients' altruism toward migrants. We find that the migrant sends larger remittances home when he …
Persistent link: https://www.econbiz.de/10013076901
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Compensatory Inter Vivos Gifts
Hochguertel, Stefan; Ohlsson, Henry - 2012
Parents' transfer motives are important for understanding, e.g., macroeconomics, income (re)distribution, savings, and public finance. Using data from six biennial waves of the Health and Retirement Study 1992-2002, we estimate grouped tobit-type latent variable models with multi-level error...
Persistent link: https://www.econbiz.de/10014138481