Mind the gap: inheritance and inequality in retirement wealth
Drawing on detailed German panel data, we find that gifts and inheritances substantially increase households’ private pension savings in accounts which are costly or impossible to withdraw prematurely. Back-of-the-envelope calculations suggest that (a) the average difference in bequest-induced priva...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Tübingen University
2020-12-01
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| Series: | Intergenerational Justice Review |
| Subjects: | |
| Online Access: | http://www.igjr.org/ojs/index.php/igjr/article/view/831 |