Elinder, Mikael; Erixson, Oscar; Ohlsson, Henry - 2011
The objective of this paper is to study when and how much labor supply and savings of heirs respond to inheritances. We … transfer. Our second main result is that the more the heir inherits, the higher her capital income becomes. This savings effect … only appears in the years after receiving the inheritance. It disappears after a couple of years. -- inheritances …