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Medicaid's Nursing Home Coverage and Asset Transfers
Bassett, William F. - In: Public Finance Review 35 (2007) 3, pp. 414-439
Medicaid covers the costs of a long nursing home stay. This coverage may create an incentive for the elderly to … transfer their assets to their children to qualify for Medicaid before entering a nursing home. Previous researchers had found … a significant determinant of the likelihood of making an asset transfer. The budgetary implications of these Medicaid …
Persistent link: https://www.econbiz.de/10010552651
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Gender perspectives on properta and inheritance : a global source book
Cummings, Sarah (contributor) - 2001
Persistent link: https://www.econbiz.de/10004612341
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The widow’s offering: inheritance, family structure, and the charitable gifts of women
McGranahan, Leslie - Federal Reserve Bank of Chicago - 2007
This paper aims to explain disparities in the charitable bequest behavior of men and women. I use data on charitable bequests in wills from 17th Century Suffolk, England to investigate whether women or men were more generous to the poor when they died. Because of the difference in the legal...
Persistent link: https://www.econbiz.de/10005419888
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To leave or not to leave: the distribution of bequest motives
Kopczuk, Wojciech; Lupton, Joseph P. - Federal Reserve Board (Board of Governors of the … - 2004
In this paper, we examine the effect of observed and unobserved heterogeneity in the desire to die with positive net worth. Using a structural life-cycle model nested in a switching regression with unknown sample separation, we find that roughly 70 percent of the elderly single population has a...
Persistent link: https://www.econbiz.de/10005393689
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The baby boomers' mega-inheritance-myth or reality?
Gokhale, Jagadeesh; Kotlikoff, Laurence J. - In: Economic Commentary (2000) Oct
Retirees are one of the wealthiest segments of the U.S. population, and today's retirees have more wealth than any previous generation. Some have conjectured that bequests out of this wealth will significantly boost the resources of the baby boomers-the next generation of retirees-bridging the...
Persistent link: https://www.econbiz.de/10005512847
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Will writing and bequest motives: early 20th century Irish evidence
McGranahan, Leslie - Federal Reserve Bank of Chicago - 2006
This paper develops a simple model of the decision to write a will prior to death and tests the implications of the model using data from Ireland prior to the advent of state provided old age support. The model assumes that individuals write wills in order to change the distribution of their...
Persistent link: https://www.econbiz.de/10005726314
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Housing, care and inheritance
Izuhara, Misa - 2009
Persistent link: https://www.econbiz.de/10004923818
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Transmitting inequality : wealth and the American family
Elmelech, Yuval - 2008
Persistent link: https://www.econbiz.de/10004930538
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Death, deeds, and descendents : inheritance in modern America
Clignet, Remi - 2009 - 1. paperback print.
Persistent link: https://www.econbiz.de/10004944512
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The Design of Insurance Contracts for Home versus Nursing Home Long-Term Care
Borsenberger, Claire; Cremer, Helmuth; Joram, Denis; … - 2024
We study the design of optimal (private and/or social) insurance schemes for formal home care and institutional care. We consider a three period model. Individuals are either in good health, lightly dependent or heavily dependent. Lightly dependent individuals can buy formal home care which...
Persistent link: https://www.econbiz.de/10014567482