Inheritance and Labor Supply
利用美国收入动态面板数据和联邦遗产税申报表数据，研究遗产继承对劳动供给的抑制作用，发现遗产并未导致男性和已婚女性劳动供给大幅减少，家庭消费虽有增加但影响很小。
Using data from the Michigan Panel Study of Income Dynamics and from Federal Estate Tax returns, this paper investigates the labor disincentive caused by inheritance. The results are of interest for several reasons. Whether or not inheritances are a strong labor disincentive figures prominently in the controversy surrounding the relative importance of inheritances and life-cycle savings as sources of U.S. wealth. Also, the size of the disincentive is important in determining the relationship between inheritance and inequality. Our results indicate that inheritances do not lead to large reductions in the labor supply of men and married women. Family consumption increases after an inheritance, but again the effect is small.