Artikel
Inheritance, bequests, and labor supply
Inheriting money can be a problem since the new wealth might sap the beneficiaries’ incentive to work. Or it could do the opposite, by facilitating entrepreneurship among those whose ambition to start a business had been stymied by a lack of cash. Recent evidence suggests inheritance-related work disincentives can be strong—unexpected inheritances can matter a lot for early retirement, for example. But where inheritances facilitate self-employment, as some evidence suggests, the labor supply might increase.
- Sprache
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Englisch
- Erschienen in
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Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2014 ; Bonn: Institute for the Study of Labor (IZA)
- Klassifikation
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Wirtschaft
Entrepreneurship
- Thema
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inheritance
bequests
labor supply
estate tax
self-employment
- Ereignis
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Geistige Schöpfung
- (wer)
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Cox, Donald
- Ereignis
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Veröffentlichung
- (wer)
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Institute for the Study of Labor (IZA)
- (wo)
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Bonn
- (wann)
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2014
- DOI
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doi:10.15185/izawol.69
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Cox, Donald
- Institute for the Study of Labor (IZA)
Entstanden
- 2014