Do bequests increase or decrease wealth inequalities?

Charles Yuji Horioka ()

Economics Letters, 2009, vol. 103, issue 1, pages 23-25

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: Bequests; Inheritances; Intergenerational; transfers; Wealth; inequalities; Life; cycle; wealth (search for similar items in EconPapers)
Date: 2009

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Related works:
Working Paper: Do Bequests Increase or Decrease Wealth Inequalities? (2009)
Working Paper: Do Bequests Increase or Decrease Wealth Inequalities? (2009)
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Persistent link: http://EconPapers.repec.org/RePEc:eee:ecolet:v:103:y:2009:i:1:p:23-25

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