Labour Supply after Inheritances and the Role of Expectations
利用德国家庭和个人微观数据，区分意外与预期遗产，发现女性在继承遗产后全职工作概率降低，每周实际和期望工作时间平均减少1-2小时，且无子女和流动性受限家庭影响更大。
Abstract This paper examines the effect of inheritances on labour supply, distinguishing between unanticipated and anticipated inheritances. We use household and individual level micro‐data for Germany to investigate the effect of inheritances on a number of labour market outcomes. Women are less likely to work full‐time after an inheritance and their desired and actual hours of work decrease by 1–2 per week, on average. The magnitude of the effect is found to be larger and more precisely estimated for households without children and liquidity constrained households. Other margins such as time use outside the labour market and satisfaction are also found to be affected by inheritance receipt.