| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w11767 |
| 来源ID | Working Paper 11767 |
| To Leave or Not To Leave: The Distribution of Bequest Motives | |
| Wojciech Kopczuk; Joseph Lupton | |
| 发表日期 | 2005-11-14 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | In this paper, we examine the effect of observed and unobserved heterogeneity in the desire to die with positive net worth. Using a structural life-cycle model nested in a switching regression with unknown sample separation, we find that roughly three-fourths of the elderly single population has a bequest motive that may or may not have an appreciable effect on spending depending on the level of resources. Both the presence and the magnitude of the bequest motive are statistically and economically significant. On average, households with a bequest motive spend about 25 percent less on consumption expenditures. We conclude that, among the elderly single households in our sample, about four-fifths of their net wealth will be bequeathed and approximately half of this is due to a bequest motive. |
| 主题 | Microeconomics ; Households and Firms ; Behavioral Economics ; Macroeconomics ; Consumption and Investment |
| URL | https://www.nber.org/papers/w11767 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/569418 |
| 推荐引用方式 GB/T 7714 | Wojciech Kopczuk,Joseph Lupton. To Leave or Not To Leave: The Distribution of Bequest Motives. 2005. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w11767.pdf（243KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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