منابع مشابه
Strategic Surveys and the Bequest Motive
Strong bequest motives can explain slow asset run-down in retirement. Yet strong precautionary motives provide an equally compelling explanation, and it is hard to tease these two motives apart empirically. We develop a series of “strategic” survey questions that allow for bequest and precautionary motives to be separately identified. Our questions are developed in the context of a model that s...
متن کاملCharity and the Bequest Motive : Evidence from Seventeenth
This paper researches the motivations for charitable bequests by looking at gifts to the poor in the wills of 1357 testators who died in Suffolk, England in the 1620’s and 1630’s. I find that wealth, religiosity, and the presence of family and friends influence testator generosity. The findings that wealthier, more religious individuals, and those with fewer children give more to the poor suppo...
متن کاملDo Good Kids Finish First? Characterizing the Bequest Motive in Mexico
This paper tests several leading bequest motive theories using a uniquely appropriate longitudinal data set, the Mexican Health and Aging Study. These data include a population-representative sample of bequests and bequest intentions of parents that is matched with rich measures of child characteristics and behavior. Our results are consistent with the theory of Bernheim et al. that parents use...
متن کاملWhy Do Life Insurance Policyholders Lapse? The Roles of Income, Health and Bequest Motive Shocks∗
We present and empirically implement a dynamic discrete choice model of life insurance decisions to assess the importance of various factors in explaining life insurance lapsation. In order to explain some key features in the data, our model incorporates multiple dimensions of serially correlated unobservable state variables which we deal with using posterior distributions of the unobservables ...
متن کاملDo Good Kids Finish First? Testing Bequest Motive Theories in Mexico1
This paper tests several leading bequest motive theories using a uniquely appropriate longitudinal data set, the Mexican Health and Aging Study. These data include a population-representative sample of bequests and bequest intentions of parents that is matched with rich measures of child characteristics and behavior. Our results are consistent with the theory of Bernheim et al. that parents use...
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ژورنال
عنوان ژورنال: Journal of Political Economy
سال: 1985
ISSN: 0022-3808,1537-534X
DOI: 10.1086/261351