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How inheriting affects bequest plans

Oded Stark and Anna Nicinska

No 212931, Discussion Papers from University of Bonn, Center for Development Research (ZEF)

Abstract: We present and test the idea that bequest planning is linked with the experience of inheriting. We consider “a family tradition of bequeathing” as a channel through which the intention to bequeath is moulded by and is positively correlated with the experience of inheriting. Using data from the Survey on Health, Ageing and Retirement in Europe (SHARE), we find that the experience of inheriting enhances the intention to bequeath, independently of the positive impact of wealth. We also find that the expectation of inheriting has a positive impact on the intention to bequeath, controlling for the expected increase in wealth on account of future inheritances.

Keywords: Agricultural Finance; Consumer/Household Economics; Institutional and Behavioral Economics (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-age
Date: 2015-11
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http://ageconsearch.umn.edu/record/212931/files/DP_202A.pdf (application/pdf)

Related works:
Journal Article: How Inheriting Affects Bequest Plans (2015) Downloads
Working Paper: How inheriting affects bequest plans (2015) Downloads
Working Paper: How inheriting affects bequest plans (2015) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ubzefd:212931

DOI: 10.22004/ag.econ.212931

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