Inheritance and wealth composition

Pestieau, Pierre
(1992) Journal of Population Economics — Vol. 5, n° 4, p. 305-317 (1992)

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  • Pestieau, PierreUliège
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Abstract
This paper studies the effects of variables pertaining to alternative bequest motives on the composition of households' portofolio. It relies on a 1986 survey on the assets structure of 5600 French households. The main conclusion is that bequest motives indeed influence the composition of households' wealth. However, available data does not allow one to sort out the influence of specific models of inheritance.
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Pestieau, P. (1992). Inheritance and wealth composition. Journal of Population Economics, 5(4), 305-317. https://doi.org/10.1007/BF00163063 (Original work published 1992)