ホリ マサヒロ   HORI Masahiro
  堀 雅博
   所属   東京経済大学  経済学部
   職種   教授
言語種別 英語
発行・発表の年月 2019/01
形態種別 研究論文(学術雑誌)
査読 査読あり
標題 "The intra-family division of bequests and bequest motives: empirical evidence from a survey on Japanese households,"
執筆形態 共著
掲載誌名 Journal of Population Economics
掲載区分国外
巻・号・頁 32(1),pp.309-346
著者・共著者 Junya Hamaaki,Masahiro Hori,Keiko Murata
概要 The division of bequests among family members differs sharply between Japan and the USA. Whereas in the USA, bequests tend to be divided equally among decedents’ children, they tend to be divided unequally in Japan. We start by arguing that certain legal and institutional aspects, which are not present in Japan, lead to equal bequests in the USA. We then investigate unequal patterns of bequest division in Japan to understand parental bequest motives. Utilizing institutional characteristics that are specific to Japan allows us to examine parental motives. We find that while the patterns of bequest division look generally consistent with most of the parental bequest motives suggested in the literature, such as the dynastic and the strategic motive, parents do not necessarily bequeath more to economically disadvantaged children.
DOI 10.1007/s00148-018-0712-1
ISSN 1432-1475