Search Results - subject:"Inheritance"

On the long-run fluctuations of inheritance in two-sector OLG models

Pelgrin, Florian; Venditti, Alain - 2020

Persistent link: https://www.econbiz.de/10012434845

Hiper fortunas y super ricos: ¿por qué un impuesto al patrimonio hace sentido?

López, Ramón; Sturla Zerené, Gino - 2020

Persistent link: https://www.econbiz.de/10012659806

Understanding Tax Policy : How Do People Reason?

Stantcheva, Stefanie - 2020

I study how people understand, reason, and learn about tax policy. The goal is to uncover the mental models that people use to think about income and estate taxes. To that end, I run large-scale online surveys and experiments on representative U.S. samples to elicit not only respondents' factual...

Persistent link: https://www.econbiz.de/10012481247

The Wealth Decumulation Behavior of the Retired Elderly in Italy : The Importance of Bequest Motives and Precautionary Saving

Ventura, Luigi - 2020

In this paper, we analyze the wealth accumulation and saving behavior of the retired elderly in Italy using micro data from the "Survey of Italian Households' Income and Wealth," a panel survey of households conducted every two years by the Bank of Italy. We find that, on average, the retired...

Persistent link: https://www.econbiz.de/10012481942

Medical Spending, Bequests, and Asset Dynamics Around the Time of Death

Jones, John Bailey - 2020

Using data from the Health and Retirement Survey, we document the changes in assets that occur before a person's death. Applying an event study approach, we find that during the 6 years preceding their deaths, the assets of single decedents decline, relative to those of similar single survivors,...

Persistent link: https://www.econbiz.de/10012482059

Wealth Transfers and Net Wealth at Death : Evidence from the Italian Inheritance Tax Records 1995–2016

Acciari, Paolo - 2020

In this paper we describe a novel source of data on the full record of inheritance tax files in Italy, covering up to … 63% of total deceased. The work documents a substantial rise in the total value of inheritance and gifts as a share of … economy, the weight of inheritance and gifts in Italy appears relatively high by international standards. Over the same period …

Persistent link: https://www.econbiz.de/10012482118

Wealth transfers and net wealth at death : evidence from the Italian inheritance tax records 1995-2016

Acciari, Paolo; Morelli, Salvatore - 2020

Persistent link: https://www.econbiz.de/10012306039

Does the selfish life-cycle model apply in the case of Japan?

Horioka, Charles - 2020

Persistent link: https://www.econbiz.de/10012309447

Is the selfish life-cycle model more applicable in Japan and, if so, why? : a literature survey

Horioka, Charles - 2020

The selfish life-cycle model or hypothesis is, together with the dynasty or altruism model, the most widely used theoretical model of household behavior in economics, but does this model apply in the case of a country like Japan, which is said to have closer family ties than other countries? In...

Persistent link: https://www.econbiz.de/10012291218

Bequest Motives in Consumption-Portfolio Decisions with Recursive Utility

Kraft, Holger - 2020

This paper studies consumption-portfolio decisions with recursive utility on a finite time horizon. We postulate essential properties that a bequest motive must satisfy. We show that the parameter which serves as weight of bequest in setups with time-additive utility is both quantitatively and...

Persistent link: https://www.econbiz.de/10012845724