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include intergenerational wealth transfers (gifts and inheritances), which are gaining importance since 1990, as research …
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transfers. These transfers can be bequests from parents to children or gifts from children to parents. In order for the …
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The empirical evidence suggests that parents use inter vivos gifts (i.e., transfers of tangible and financial property … inherited. We show that, given optimal choice of altruistic parents is compensatory gifts and equal bequests. …
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