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Wealth is highly concentrated among a few very rich individuals. The usual models of wealth transmission offer life-cycle and family motives for bequests. The hypothesis here is that those motives are not likely to be active for very rich individuals. Using a sample of french estate records...
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[fre] La transmission des grandes fortunes Profil des riches défunts en France . L'étude d'un échantillon anonyme de déclarations de succession en 1 987 fait apparaître que, parmi les défunts les plus riches, les dix premiers pour cent (défunts « riches ») lèguent 51 % du patrimoine...
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