uu.seUppsala University Publications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Bequest motives: A comparison of Sweden and the United States
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.ORCID iD: 0000-0001-8826-0410
2001 (English)In: Journal of Public Economics, ISSN 0047-2727, E-ISSN 1879-2316, Vol. 79, no 1, 205-236 p.Article in journal (Refereed) Published
Abstract [en]

This paper reviews four well-known theoretical models of private bequest behavior, notes their differing implications for public policy, and discusses a way of empirically discriminating among them. Then it implements the test with micro data from Sweden (LLS) and the U.S. (PSID). The so-called altruistic (or dynastic) model, which, among the four models, has perhaps the most wide-ranging implications for policy, receives some support. The sign pattern is as the model predicts, while the magnitude is much smaller than the altruistic theory implies. There is evidence of a potential complication due to a dependence of children’s education on parents’ financial status in the case of the U.S.

Place, publisher, year, edition, pages
2001. Vol. 79, no 1, 205-236 p.
Keyword [en]
accidental model, altruistic model, egoistic model, exchange model
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:uu:diva-68869DOI: 10.1016/S0047-2727(00)00101-8OAI: oai:DiVA.org:uu-68869DiVA: diva2:96780
Available from: 2005-03-13 Created: 2005-03-13 Last updated: 2017-11-21

Open Access in DiVA

No full text

Other links

Publisher's full texthttp://econpapers.repec.org/article/eeepubeco/v_3A79_3Ay_3A2001_3Ai_3A1_3Ap_3A205-236.htm

Authority records BETA

Ohlsson, Henry

Search in DiVA

By author/editor
Ohlsson, Henry
By organisation
Department of Economics
In the same journal
Journal of Public Economics
Economics

Search outside of DiVA

GoogleGoogle Scholar

doi
urn-nbn

Altmetric score

doi
urn-nbn
Total: 344 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf