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Although recent research suggests that intergenerational transfers play an important role in aggregate capital accumulation, our understanding of bequest motives remains incomplete. We develop a simple model ofquot;exchange-motivatedquot; bequests, in which a testator influences the decisions...
Persistent link: https://www.econbiz.de/10012763441
Although recent research suggests that intergenerational transfers play an important role in aggregate capital accumulation, our understanding of bequest motives remains incomplete. We develop a simple model of"exchange-motivated" bequests, in which a testator influences the decisions ofhis...
Persistent link: https://www.econbiz.de/10012477792
of cash. Recent evidence suggests inheritance-related work disincentives can be strong - unexpected inheritances can …
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This paper provides new insights on the effect of inheritance receipt on retirement. We build on lifelong information …
Persistent link: https://www.econbiz.de/10011959281
differences, but inheritance is also widely recognised as playing a major role, especially at the upper end of the wealth range. A … the results of studies that assess the contributions of inheritance and lifecycle factors, and give attention also to a …
Persistent link: https://www.econbiz.de/10014024198