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Normative aspects of taxing capitalistic bequests

  • Verena Kley

Abstract

Bequest motives serve as an explanation why individuals do not decumulate assets completely during retirement, and some even continue saving while old. Nevertheless, common family-oriented bequest models still fail to account for the saving behavior of the very wealthy, among which a significant difference between those with children and those without cannot be observed.

Keywords

Permanent Income Initial Wealth Wealth Transfer Bequest Motive Saving Decision 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Gabler Verlag | Springer Fachmedien Wiesbaden GmbH 2012

Authors and Affiliations

  • Verena Kley

There are no affiliations available

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