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
Englisch

Erschienen in
Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2014 ; Bonn: Institute for the Study of Labor (IZA)

Klassifikation
Wirtschaft
Entrepreneurship
Thema
inheritance
bequests
labor supply
estate tax
self-employment

Ereignis
Geistige Schöpfung
(wer)
Cox, Donald
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2014

DOI
doi:10.15185/izawol.69
Handle
Letzte Aktualisierung
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

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