How inheriting affects bequest plans

Arbeitspapier

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: University of Tübingen Working Papers in Economics and Finance ; No. 86

Classification and Topics

• Classification: Wirtschaft ; Institutions: Design, Formation, Operations, and Impact ; Household Behavior and Family Economics: Other ; Altruism; Philanthropy; Intergenerational Transfers ; Fiscal Policies and Behavior of Economic Agents: Household
• Subject: Intergenerational transfers ; Bequest behavior ; Experience of inheriting ; Expectation of inheriting ; Intention to bequeath ; Family tradition

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Stark, Oded ; Nicinska, Anna
• Event: Veröffentlichung
• (who): University of Tübingen, Faculty of Economics and Social Sciences
• (where): Tübingen
• (when): 2015

Further information

• DOI: doi:10.15496/publikation-7090
• Handle: http://hdl.handle.net/10419/121293
• URN: urn:nbn:de:bsz:21-dspace-656702
• Last update: 10.03.2025, 11:42 AM CET