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a sniall proportion of ohserved wealth heterogeneitv. The introduction of an inheritance tax increases both welfare are …
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of Wealth: A Simulation Model; 4. The Importance of Material Inheritance: The Financial Link between Generations; 5. The …
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To help shed light on the implications of intergenerational transfers for wealth inequality, this paper examines whether or not individuals who receive intergenerational transfers from their parents are more likely to leave bequests to their children than those who do not using data for Japan...
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