Search Results - subject:"inheritance"

Saving and Bequest in China : An Analysis of Intergenerational Exchange

Almås, Ingvild - 2016

Particularly high saving rates among the elderly in both rural and urban China call for an investigation of the involved bequest motive. Utilizing unique survey data from a diverse group of Chinese households, we document that the magnitude of the bequest from parent to child is synchronized...

Persistent link: https://www.econbiz.de/10012990719

Why Do Children Take Care of Their Elderly Parents? are the Japanese Any Different?

Horioka, Charles - 2016

In this paper, we conduct a theoretical analysis of why individuals provide care and attention to their elderly parents using a two-period overlapping generations model with endogenous saving and a “contest success function” and test this model using micro data from a Japanese household...

Persistent link: https://www.econbiz.de/10012991694

Why Do Children Take Care of Their Elderly Parents? Are the Japanese Any Different?

Horioka, Charles - 2016

Persistent link: https://www.econbiz.de/10012992676

The Role of Bequests in Shaping Wealth Inequality : Evidence from Danish Wealth Records

Boserup, Simon H. - 2016

Using Danish administrative data, we estimate the impact of bequests on the level and inequality of wealth. We employ an event study design where we follow the distribution of wealth over time of people who are 45-50 years old, and divide them into treatment group and control group depending on...

Persistent link: https://www.econbiz.de/10013001196

Inherited Wealth and Demographic Aging

Onder, Harun - 2016

The role of inherited wealth in modern economies has increasingly become under scrutiny. This study presents one of the first attempts to shed light on how demographic aging could shape this role. We show that, in the absence of retirement annuities, or for a given level of annuitization, both...

Persistent link: https://www.econbiz.de/10012985794

Commitment in the Household : Evidence from the Effect of Inheritances on the Labor Supply of Older Married Couples

Blau, David - 2016

We study the effect of receiving an inheritance on the labor force participation (LFP) of both the recipient and the … recipient's spouse in a population of older married couples. An inheritance is not subject to laws governing division of marital … inheritance expectations, we interpret the receipt of an inheritance as a shock to wealth. Our results indicate that receiving an …

Persistent link: https://www.econbiz.de/10012986750

The Impact of Intergenerational Transfers on Household Wealth Inequality in Japan and the United States

Niimi, Yoko - 2016

To help shed light on the implications of intergenerational transfers for wealth inequality, this paper examines whether or not individuals who receive intergenerational transfers from their parents are more likely to leave bequests to their children than those who do not using data for Japan...

Persistent link: https://www.econbiz.de/10012982036

The Impact of Intergenerational Transfers on Household Wealth Inequality in Japan and the United States

Niimi, Yoko - 2016

Persistent link: https://www.econbiz.de/10012982478

Choosing Between an Estate Tax and a Basis Carryover Regime : Evidence from 2010

Gordon, Robert - 2016

Executors of estates for decedents in 2010 could choose between an estate tax regime and a basis carry-over regime. For most executors, this created a tradeoff between a current estate tax payment and a future capital gains tax liability for beneficiaries who inherited assets with...

Persistent link: https://www.econbiz.de/10012455958

The Impact of Intergenerational Transfers on Household Wealth Inequality in Japan and the United States

Niimi, Yoko - 2016

Persistent link: https://www.econbiz.de/10012455993