| Item type |
ワーキングペーパー/Working Paper(1) |
| 公開日 |
2019-12-25 |
| タイトル |
|
|
タイトル |
The Impact of Bequest Motives on Retirement Behavior in Japan: A Theoretical and Empirical Analysis |
|
言語 |
en |
| 言語 |
|
|
言語 |
eng |
| キーワード |
|
|
言語 |
en |
|
主題Scheme |
Other |
|
主題 |
Altruistic bequest motive |
| キーワード |
|
|
言語 |
en |
|
主題Scheme |
Other |
|
主題 |
bequest motives |
| キーワード |
|
|
言語 |
en |
|
主題Scheme |
Other |
|
主題 |
exchange bequest motive |
| キーワード |
|
|
言語 |
en |
|
主題Scheme |
Other |
|
主題 |
inheritances |
| キーワード |
|
|
言語 |
en |
|
主題Scheme |
Other |
|
主題 |
Japan |
| キーワード |
|
|
言語 |
en |
|
主題Scheme |
Other |
|
主題 |
labor supply |
| キーワード |
|
|
言語 |
en |
|
主題Scheme |
Other |
|
主題 |
retirement |
| キーワード |
|
|
言語 |
en |
|
主題Scheme |
Other |
|
主題 |
strategic bequest motive |
| キーワード |
|
|
言語 |
en |
|
主題Scheme |
Other |
|
主題 |
working hours |
| 資源タイプ |
|
|
資源タイプ識別子 |
http://purl.org/coar/resource_type/c_8042 |
|
資源タイプ |
working paper |
| 著者 |
ホリオカ, チャールズ・ユウジ
Gahramanov, Emin
Hayat, Aziz
Tang, Xueli
|
| 抄録 |
|
|
内容記述タイプ |
Abstract |
|
内容記述 |
In this paper, we conduct a theoretical and empirical analysis of the impact of bequest motives on the work and retirement behavior of households in Japan using micro data from the Preference Parameters Study of Osaka University. Our empirical findings are consistent with our theoretical model and show that respondents with an altruistic or strategic/exchange bequest motive work more at the intensive margin than those without any bequest motive but that respondents with a strategic or exchange bequest motive work less at the extensive margin (i.e., retire earlier) than those without any bequest motive. Our findings for the strategic or exchange motive suggest that respondents with such a motive tend to work harder than others before they retire so that they can earn more, leave a larger bequest to their children, and elicit more care from them but that they tend to retire earlier than others so that they can start receiving care for themselves and their spouses from their children sooner. A policy implication of our findings is that the exchange of bequests for the care of parents by children may be very sensitive to the inheritance tax framework. |
|
言語 |
en |
| 書誌情報 |
en : AGI Working Paper Series
巻 2019-14,
p. 1-41,
発行日 2019-12
|
| 著者版フラグ |
|
|
出版タイプ |
NA |
|
出版タイプResource |
http://purl.org/coar/version/c_be7fb7dd8ff6fe43 |
| JEL分類コード |
|
|
主題Scheme |
Other |
|
主題 |
JEL classification: D15, D64, J14, J22, J26 |
WP2019-14 (515.8 kB)
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