| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w12386 |
| 来源ID | Working Paper 12386 |
| The Effect of Inheritance Receipt on Retirement | |
| Jeffrey R. Brown; Courtney C. Coile; Scott J. Weisbenner | |
| 发表日期 | 2006-07-31 |
| 出版年 | 2006 |
| 语种 | 英语 |
| 摘要 | This paper uses the receipt of an inheritance to measure the effect of wealth shocks on retirement. Using the Health and Retirement Study (HRS), we first document that inheritance receipt is common among older workers %u2013 one in five households receives an inheritance over an eight-year period, with a median value of about $30,000. We find that inheritance receipt is associated with a significant increase in the probability of retirement. In particular, we find that receiving an inheritance increases the probability of retiring earlier than expected by 4.4 percentage points, or 12 percent relative to the baseline retirement rate, over an eight-year period. Importantly, this effect is stronger when the inheritance is unexpected and thus more likely to represent an exogenous shock to wealth. |
| 主题 | Labor Economics ; Demography and Aging ; Labor Supply and Demand |
| URL | https://www.nber.org/papers/w12386 |
| 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/570043 |
| 推荐引用方式 GB/T 7714 | Jeffrey R. Brown,Courtney C. Coile,Scott J. Weisbenner. The Effect of Inheritance Receipt on Retirement. 2006. |
| 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 | ||
| w12386.pdf（172KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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