BEQUEST BEHAVIOR AND THE EFFECT OF HEIRS' EARNINGS: TESTING THE ALTRUISTIC MODEL OF BEQUESTS
利用联邦遗产税申报数据，检验利他主义遗赠理论是否成立，发现数据不支持该理论，这对宏观经济政策、政府转移支付和不平等研究有启示。
That parents transfer resources to children because of altruistic concern is a reasonable a priori assumption. However, economic theories of altruistic transfers have produced many counterintuitive conclusions and, consequently, much debate. When applied to bequests, these theories predict that inheritances will compensate for earnings differences between siblings as well as between parents and children. This paper tests these implications. Using a new data set centered on federal estate tax returns, little support can be found for an altruistic theory of bequests. This finding has implications for macroeconomic policy, government transfer programs, and inequality. Copyright 1996 by American Economic Association.