Fessler, Pirmin (contributor); Schürz, Martin (contributor) - European Central Bank - 2015
Using microdata from the Household Finance and Consumption Survey (HFCS), this study examines the role of inheritance …. First, about one third of the households in the 13 European countries we study report having received an inheritance, and … households' relative wealth position show that, on average, having received an inheritance lifts a household by about 14 net …