The Impact of Intergenerational Transfers on Household Wealth Inequality in Japan and the United States

Niimi, Yoko; Horioka, Charles Yuji

Institute of Social and Economic Research Discussion Papers, 2016, 980, 1-31

アクセス数:233件（2025-03-14 04:58 集計）

固定URL: https://hdl.handle.net/11094/57821

論文情報

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タイトル
The Impact of Intergenerational Transfers on Household Wealth Inequality in Japan and the United States
著者
NRID
1000030742647 1000030742647
著者名
Niimi, Yoko
NRID
1000090173632 1000090173632
著者名
Horioka, Charles Yuji
キーワード等
inheritances
wealth distribution
bequests
education
intergenerational transfers
inter vivos transfers
wealth inequality
抄録
To help shed light on the implications of intergenerational transfers for wealth inequality,this paper examines whether or not individuals who receive intergenerational transfers from their parents are more likely to leave bequests to their children than those who do not using data for Japan and the United States. The estimation results show that the receipt of intergenerational transfers from parents and/or parents-in-law increases the likelihood of individuals’leaving bequests to their own children in both Japan and the United States,which in turn is likely to contribute to the persistence or widening of wealth disparities. However, such a tendency is found to be stronger among less better-off households in both countries, and this may help alleviate the disequalizing effect of intergenerational transfers on the distribution of wealth, at least to some extent.
出版者
The Institute of Social and Economic Research, Osaka University
収録物名
Institute of Social and Economic Research Discussion Papers
巻(号)
980
ページ
1-31
刊行年月
2016-09
言語
英語
ハンドルURL
https://hdl.handle.net/11094/57821
関連情報 (references)
URI
http://www.iser.osaka-u.ac.jp/library/dp/2016/DP0980.pdf
アクセス権
metadata only access
カテゴリ
ディスカッション／ワーキング・ペーパー DP/WP
Institute of Social and Economic Research Discussion Papers