How Strong are Bequest Motives? Evidence Based on Estimates of the Demand for Life Insurance and Annuities
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https://www.nber.org/papers/w2942
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资源简介:
This paper presents new empirical evidence in support of the view that a significant fraction of total saving is motivated solely by the desire to leave bequests. Specifically, I find that Social Security annuity benefits significantly raise life insurance holdings and depress private annuity
提供机构:
美国国家经济研究局
创建时间:
1989-04-01



