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We present and test the idea that bequest planning is linked with the experience of inheriting. We consider "a family tradition of bequeathing" as a channel through which the intention to bequeath is molded by and is positively correlated with the experience of inheriting. We use data from the...
Persistent link: https://www.econbiz.de/10011349415
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-cycle model as well as saving motives that are consistent with the altruism model are important in Europe implies that the two … suggests that this model is far more applicable in Europe than is the altruism model. Moreover, our finding that the … intergenerational transfers motive, which is the saving motive that most exemplifies the altruism model, accounts for only about one …
Persistent link: https://www.econbiz.de/10015047840
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We present and test the idea that bequest planning is linked with the experience of inheriting. We consider "a family tradition of bequeathing" as a channel through which the intention to bequeath is moulded by and is positively correlated with the experience of inheriting. Using data from the...
Persistent link: https://www.econbiz.de/10011348397
This paper provides a descriptive analysis of wealth ownership and wealth inequality in Latin American countries, using diverse published sources and primary data analysis for 16 nations. We produce estimates of the distribution of home ownership, land, and financial assets, and find very high...
Persistent link: https://www.econbiz.de/10010284670
Persistent link: https://www.econbiz.de/10013470969
Who makes it to the top? We use the leading, socio-economic survey in Germany supplemented by extensive data on the rich to answer this question. We identify the key predictors for belonging to the top 1 percent of income, wealth, and both distributions jointly. Although we consider many, only a...
Persistent link: https://www.econbiz.de/10014468907
Persistent link: https://www.econbiz.de/10012694624
We study a growth model with two types of agents who are heterogeneous in their degree of family altruism. We prove … that every equilibrium path converges to a unique steady state, and study the effect of altruism on the properties of … steady-state equilibrium. We show that aggregate income is positively related to both level of altruism and altruism …
Persistent link: https://www.econbiz.de/10014384038