Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/121293
Authors: 
Stark, Oded
Nicinska, Anna
Year of Publication: 
2015
Series/Report no.: 
University of Tübingen Working Papers in Economics and Finance 86
Abstract: 
We present and test the idea that bequest planning is linked with the experience of inheriting. We consider "a family tradition of bequeathing" as a channel through which the intention to bequeath is moulded by and is positively correlated with the experience of inheriting. Using data from the Survey on Health, Ageing and Retirement in Europe (SHARE), we find that the experience of inheriting enhances the intention to bequeath, independently of the positive impact of wealth. We also find that the expectation of inheriting has a positive impact on the intention to bequeath, controlling for the expected increase in wealth on account of future inheritances.
Subjects: 
Intergenerational transfers
Bequest behavior
Experience of inheriting
Expectation of inheriting
Intention to bequeath
Family tradition
JEL: 
D02
D03
D19
D64
H31
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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