TY - JOUR AU - Horioka,Charles Yuji TI - Do Bequests Increase or Decrease Wealth Inequalities? JF - National Bureau of Economic Research Working Paper Series VL - No. 14639 PY - 2009 Y2 - January 2009 UR - http://www.nber.org/papers/w14639 L1 - http://www.nber.org/papers/w14639.pdf N1 - Author contact info: Charles Y. Horioka Institute of Social and Economic Research Osaka University 6-1 Mihogaoka, Ibaraki-shi Osaka-fu 567-0047 JAPAN Tel: 81-6-6879-8586 Fax: 81-6-6878-2766 E-Mail: horioka@iser.osaka-u.ac.jp AB - 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. ER -