Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
The intra-family division of bequests and bequest motives: empirical evidence from a survey on Japanese households
https://orcid.org/0000-0002-0969-0656
Abstract The division of bequests among family members differs sharply between Japan and the USA. Whereas in the USA, bequests tend to be divided equally among decedents’ children, they tend to be divided unequally in Japan. We start by arguing that certain legal and institutional aspects, which are not present in Japan, lead to equal bequests in the USA. We then investigate unequal patterns of bequest division in Japan to understand parental bequest motives. Utilizing institutional characteristics that are specific to Japan allows us to examine parental motives. We find that while the patterns of bequest division look generally consistent with most of the parental bequest motives suggested in the literature, such as the dynastic and the strategic motive, parents do not necessarily bequeath more to economically disadvantaged children.
The intra-family division of bequests and bequest motives: empirical evidence from a survey on Japanese households
https://orcid.org/0000-0002-0969-0656
Abstract The division of bequests among family members differs sharply between Japan and the USA. Whereas in the USA, bequests tend to be divided equally among decedents’ children, they tend to be divided unequally in Japan. We start by arguing that certain legal and institutional aspects, which are not present in Japan, lead to equal bequests in the USA. We then investigate unequal patterns of bequest division in Japan to understand parental bequest motives. Utilizing institutional characteristics that are specific to Japan allows us to examine parental motives. We find that while the patterns of bequest division look generally consistent with most of the parental bequest motives suggested in the literature, such as the dynastic and the strategic motive, parents do not necessarily bequeath more to economically disadvantaged children.
The intra-family division of bequests and bequest motives: empirical evidence from a survey on Japanese households
https://orcid.org/0000-0002-0969-0656
Abstract The division of bequests among family members differs sharply between Japan and the USA. Whereas in the USA, bequests tend to be divided equally among decedents’ children, they tend to be divided unequally in Japan. We start by arguing that certain legal and institutional aspects, which are not present in Japan, lead to equal bequests in the USA. We then investigate unequal patterns of bequest division in Japan to understand parental bequest motives. Utilizing institutional characteristics that are specific to Japan allows us to examine parental motives. We find that while the patterns of bequest division look generally consistent with most of the parental bequest motives suggested in the literature, such as the dynastic and the strategic motive, parents do not necessarily bequeath more to economically disadvantaged children.
The intra-family division of bequests and bequest motives: empirical evidence from a survey on Japanese households
Hamaaki, Junya (Autor:in) / Hori, Masahiro (Autor:in) / Murata, Keiko (Autor:in)
2018
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
RVK:
ELIB39
/
ELIB45
Lokalklassifikation FBW:
oek 2608
BKL:
74.80
Demographie
/
83.31$jWirtschaftswachstum
/
74.80$jDemographie$XGeographie
/
83.31
Wirtschaftswachstum
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