Estate division: equal sharing, exchange motives, and Cinderella effects
利用覆盖全人口的行政数据,研究子女特征如何影响兄弟姐妹间的遗产分配差异,发现交换动机、进化模型和灰姑娘效应显著,但利他模型未获支持。
This study contributes to the empirical literature testing bequest motives by using a population-wide administrative dataset, covering data on inherited amounts for complete families matched with an extensive set of economic and demographic variables, to estimate the influence of child characteristics on differences in inherited amounts among siblings. Our main findings are, first, children who are more likely to have provided services to the parent receive more than their siblings, as predicted by the exchange model. Second, daughters with children receive more than sons with children. This is consistent with the prediction of the evolutionary model that larger investments should go to offspring who are certain to be genetically related. There are also Cinderella effects—that is, adopted stepchildren receive less than siblings who are biological or children who are adopted by both parents. Third, we do not find support for the prediction of the altruism model that bequests are compensatory.