25 September 2019 - 13:00
Inequality and Bequests
Lecture Series - Inequality and ... ?
The ‘Inequality and ... ?’ lecture series is organised by the EIB Institute and Uni.lu (MARS) together with LIS, STATEC, Chambre de Salaries and LISER, with the financial support of the FNR. LISER is a proud partner in helping gather the research community, the private and public sectors and the general public in Luxembourg to discuss concepts of inequality.
Bequests and other intergenerational transfers are an important source of the intergenerational transmission of wealth and income inequality. In this presentation, I will try to answer the following three questions: Do people leave bequests and other intergenerational transfers? What is the quantitative importance of intergenerational transfers? Why do people leave intergenerational transfers? For example, are intergenerational transfers motivated by intergenerational altruism toward one’s children? Or are they motivated by a desire to induce one’s children to provide care, attention, and financial support during old age? Does it matter whether and why people leave intergenerational transfers? In particular, what impact do intergenerational transfers have on the intergenerational transmission of wealth disparities?
Prof. Charles Yuji Horioka (Kobe University and NBER)
The lecture is free and requires registration at http://bit.ly/EIBI_events
European Investment Bank (EIB)
98-100 Boulevard Konrad Adenauer, Luxembourg