Do Bequests Increase or Decrease Wealth Inequalities?
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NBER Working Paper No. 14639
Issued in January 2009
NBER Program(s): AG EFG PE
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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.
Published: Horioka, Charles Yuji, 2009.
"Do bequests increase or decrease wealth inequalities?,"
Economics Letters,
Elsevier, vol. 103(1), pages 23-25, April.
This paper is available as PDF (71 K) or via email.
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