Can Inheritances Alleviate the Demographic Burden?

Can Inheritances Alleviate the Demographic Burden?
With pay-as-you-go schemes in place, population aging will impose a heavy fiscal burden on young and future cohorts. However, these cohorts may also profit from larger inheritances as the number of heirs declines. The aim of this paper is to explore the compensating potential of private intergenerational transfers. A dynamic, computable general... READ MORE...

Publication date: August 2001
ISBN 9781451852028
$15.00

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