Do Bequests Increase or Decrease Wealth Inequalities?
Charles Horioka ()
ISER Discussion Paper from Institute of Social and Economic Research, Osaka University
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.
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Journal Article: Do bequests increase or decrease wealth inequalities? (2009)
Working Paper: Do Bequests Increase or Decrease Wealth Inequalities? (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:dpr:wpaper:0729
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