The Marginal Propensity to Spend on Adult Children
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We examine how much of an extra dollar of parental lifetime resources will ultimately be passed on to adult children in the form of inter vivos transfers and bequests. We infer bequests from the stock of wealth late in life. We use mortality rates and age specific estimates of the response of
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美国国家经济研究局创建时间：
2003-07-01
