Do Bequests Increase or Decrease Wealth Inequalities?. Horioka, C. Y. Economics Letters, 103(1):23–25, 2009. Link doi abstract bibtex 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.
@article{Horioka2009,
title = {Do Bequests Increase or Decrease Wealth Inequalities?},
author = {Horioka, Charles Yuji},
year = {2009},
journal = {Economics Letters},
volume = {103},
number = {1},
pages = {23--25},
doi = {10.1016/j.econlet.2009.01.009},
url = {https://doi.org/10.1016/j.econlet.2009.01.009},
abstract = {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.},
keywords = {Determinants of Wealth and Wealth Inequality,Intergenerational Wealth}
}
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