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The impact of intergenerational transfers on household wealth inequality in Japan and the United States
Niimi, Yoko; Horioka, Charles - 2017
Japan and the United States to examine whether individuals who receive intergenerational transfers from their parents are … children in both Japan and the United States, which in turn is likely to contribute to the persistence or widening of wealth …
Persistent link: https://www.econbiz.de/10011594308
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The impact of intergenerational transfers on household wealth inequality in Japan and the United States
Niimi, Yoko; Horioka, Charles - 2016
their children than those who do not using data for Japan and the United States. The estimation results show that the … bequests to their own children in both Japan and the United States, which in turn is likely to contribute to the persistence or …
Persistent link: https://www.econbiz.de/10011537589
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The Impact of Intergenerational Transfers on Household Wealth Inequality in Japan and the United States
Niimi, Yoko - 2017
To help shed light on the implications of intergenerational transfers for wealth inequality, we use data for Japan and … children in both Japan and the United States, which in turn is likely to contribute to the persistence or widening of wealth …
Persistent link: https://www.econbiz.de/10012950123
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The Impact of Intergenerational Transfers on Household Wealth Inequality in Japan and the United States
Niimi, Yoko - 2016
their children than those who do not using data for Japan and the United States. The estimation results show that the … bequests to their own children in both Japan and the United States, which in turn is likely to contribute to the persistence or …
Persistent link: https://www.econbiz.de/10012982478
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Chapter 11 The distribution of wealth
Davies, James B.; Shorrocks, Anthony F. - In: Handbook of income distribution : volume 1, (pp. 605-675). 2000
This chapter is concerned with the distribution of personal wealth, which usually refers to the material assets that can be sold in the marketpace, although on occasion pension rights are also included. We summarise the available evidence on wealth distribution for a number of countries. This...
Persistent link: https://www.econbiz.de/10014024198
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The wealth decumulation behavior of the retired elderly in Japan : the relative importance of precautionary saving and bequest motives
Niimi, Yoko; Horioka, Charles - 2018
This paper analyzes the determinants of the wealth decumulation behavior of the retired elderly in Japan using unique … expected wealth decumulation rate of the retired elderly, at least in the case of Japan, even though both precautionary saving … burden of parental care may also affect the wealth decumulation behavior of the retired elderly in Japan. Given that parental …
Persistent link: https://www.econbiz.de/10011912032
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Wealth distribution and optimal inheritance taxation in life-cycle economies with intergenerational transfers
Heer, Burkhard - 2000
We introduce intergenerational transfers into a general equilihrium life-cycle model in order to explain observed levels of wealth heterogeneity. In our overlapping generations model, heterogenous agents face uncertain lifetime and leave both accidental and voluntary bequests to their cinldren....
Persistent link: https://www.econbiz.de/10010440978
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Post Mortem Reputation, Compensatory Gifts and Equal Bequests
Lundholm, Michael; Ohlsson, Henry - 1999
The empirical evidence suggests that parents use inter vivos gifts (i.e., transfers of tangible and financial property) to compensate less well off children whereas post mortem bequests are divided equally among siblings. We study a theoretical model assuming, first, that the amounts given is...
Persistent link: https://www.econbiz.de/10010321811
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Post mortem reputation, compensatory gifts and equal bequests
Lundholm, Michael; Ohlsson, Henry - 1999
The empirical evidence suggests that parents use inter vivos gifts (i.e., transfers of tangible and financial property) to compensate less well off children whereas post mortem bequests are divided equally among siblings. We study a theoretical model assuming, first, that the amounts given is...
Persistent link: https://www.econbiz.de/10011589028
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The impact of intergenerational transfers on household wealth inequality in Japan and the United States
Niimi, Yoko; Horioka, Charles - 2016
their children than those who do not using data for Japan and the United States. The estimation results show that the … bequests to their own children in both Japan and the United States, which in turn is likely to contribute to the persistence or …
Persistent link: https://www.econbiz.de/10011564960