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To Leave or Not To Leave: The Distribution of Bequest Motives

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NBER2005-11-01 更新2025-01-04 收录
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In this paper, we examine the effect of observed and unobserved heterogeneity in the desire to die with positive net worth. Using a structural life-cycle model nested in a switching regression with unknown sample separation, we find that roughly three-fourths of the elderly single population has a

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2005-11-01
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