Japan and the United States to examine whether individuals who receive intergenerational transfers from their parents are … children in both Japan and the United States, which in turn is likely to contribute to the persistence or widening of wealth …

their children than those who do not using data for Japan and the United States. The estimation results show that the … bequests to their own children in both Japan and the United States, which in turn is likely to contribute to the persistence or …

the United States and Japan. Second, we use tax data to estimate the magnitude of intergenerational transfers. The … intergenerational transfers, an issue of current controversy. In both Japan and the United States, a substantial portion of wealth, and … especially of land in Japan, is bequeathed from one generation to the next …

Japan and the United States to examine whether individuals who receive intergenerational transfers from their parents are … children in both Japan and the United States, which in turn is likely to contribute to the persistence or widening of wealth …

the United States and Japan. Second, we use tax data to estimate the magnitude of intergenerational transfers. The … intergenerational transfers, an issue of current controversy. In both Japan and the United States, a substantial portion of wealth, and … especially of land in Japan, is bequeathed from one generation to the next …