Search Results - subject:"Inheritance"

Capital taxation, long-run growth, and bequests

Kunze, Lars - 2009

It has been shown that higher capital taxes can have a growth-enhancing effect when combined with a revenue-compensating cut in wage taxes (Uhlig and Yanagawa 1996; European Economic Review 40, 1521-1540) or with an expansion in productivity-increasing public services (Rivas 2003; European Economic...

Persistent link: https://www.econbiz.de/10003850899

Inheritances, health and death

Kim, Beomsoo; Ruhm, Christopher J. - 2009

Persistent link: https://www.econbiz.de/10003887338

Indirect taxation and the welfare effects of altruism on the optimal fiscal policy

Garriga, Carlos; Sánchez Losada, Fernando - 2009

distortionary e�ects as a tax on the inheritance received by the donee. As has been pointed out by Caball� (1988), the threshold …

Persistent link: https://www.econbiz.de/10003879122

Inheritance tax-exempt transfer of German businesses : imperative or unjustified subsidy? ; an empirical analysis

Houben, Henriette; Maiterth, Ralf - 2009

This contribution addresses the substantial tax subsidies for businesses introduced by the German Inheritance Tax Act … inheritance tax on businesses, as those often lack liquid assets to meet tax liability. This submission tackles this issue … empirically based on data of the German Inheritance Tax Statistics and the SOEP. The results indicate that former German …

Persistent link: https://www.econbiz.de/10003948542

Erbschaften und Schenkungen im Lebenslauf : eine vergleichende Längsschnittanalyse mit dem Sozio-oekonomischen Panel

Leopold, Thomas - 2009

Diese Arbeit untersucht die Rolle der Familie als materielles Unterstützungssystem anhand von Erbschaften und Schenkungen, die Eltern und Großeltern an ihre Kinder bzw. Enkel vergeben. Nach der Diskussion ökonomischer und soziologischer Literatur zum intergenerationalen Transfergeschehen wird...

Persistent link: https://www.econbiz.de/10011373808

Inheritances, Health and Death

Kim, Beomsoo - 2009

We examine how wealth shocks, in the form of inheritances, affect the mortality rates, health status and health behaviors of older adults, using data from eight waves of the Health and Retirement Survey (HRS). Our main finding is that bequests do not have substantial effects on health, although...

Persistent link: https://www.econbiz.de/10012463286

The distribution of wealth and fiscal policy in economies with finitely lived agents

Benhabib, Jess - 2009

We study the dynamics of the distribution of overlapping generation economy with finitely lived agents and inter-generational transmission of wealth. Financial markets are incomplete, exposing agents to both labor income and capital income risk. We show that the stationary wealth distribution is...

Persistent link: https://www.econbiz.de/10012463917

Do Bequests Increase or Decrease Wealth Inequalities?

Horioka, Charles Yuji - 2009

This paper finds that individuals in Japan do not leave very significant bequests, that parents often require a quid pro quo for bequests to their children, and that wealthier individuals leave less bequests, meaning that bequests ameliorate wealth inequalities

Persistent link: https://www.econbiz.de/10012464010

Estate Taxation with Warm-Glow Altruism

Garriga, Carlos - 2009

This article examines the properties of the optimal fiscal policy in an economy with warm-glow altruism (utility interdependence) and heterogeneous individuals. We propose a new efficiency concept, D-efficiency, that considers an implicit constraint in the act of giving: donors cannot bequeath...

Persistent link: https://www.econbiz.de/10012719521

The Estate Tax and the Demise of the Family Business : A Comment

Joulfaian, David - 2009

A recent paper by Brunetti (2006) examines whether the US estate tax forces heirs with insufficient liquid assets to sell inherited businesses in order to pay the estate tax. It concludes that the estate tax has a positive effect on such sales. This note highlights features of the estate tax and...

Persistent link: https://www.econbiz.de/10012720086