Do Bequests Increase or Decrease Wealth Inequalities?

Charles Horioka ()

No 14639, NBER Working Papers from National Bureau of Economic Research, Inc

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.

JEL-codes: D12 D91 E21 (search for similar items in EconPapers)
Date: 2009-01
New Economics Papers: this item is included in nep-mac
Note: AG EFG PE
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Citations: View citations in EconPapers (39)

Published as Horioka, Charles Yuji, 2009. "Do bequests increase or decrease wealth inequalities?," Economics Letters, Elsevier, vol. 103(1), pages 23-25, April.

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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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