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The effect of inheritance receipt on individual labor supply: Evidence from Japanese microdata

机译：继承收据对个人劳动力供给的影响：来自日本微观数据的证据

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摘要

This paper examines the effects of wealth on individual labor supply by considering inheritance receipts as an exogenous change in household wealth. Using Japanese microdata consisting of individuals aged 26-51, we find that (i) while men's probability of working does not respond to inheritance receipt, women's probability of working decreases; and (ii) in the case of most respondents the receipt of an inheritance seems to be unanticipated. We also test the unitary household model using information on respondent's spouses. The results indicate that who received an inheritance influences the labor supply decision of each household member, meaning that we find no support for the unitary model.
机译：本文通过将继承收益视为家庭财富的外生变化，研究了财富对个人劳动力供给的影响。使用由26-51岁的个人组成的日本微数据，我们发现：（i）虽然男性的工作可能性对继承权没有反应，但女性的工作可能性却降低了； （ii）对于大多数答复者而言，似乎没有预料到继承权。我们还使用有关受访者配偶的信息来测试单一家庭模型。结果表明，谁获得了遗产会影响每个家庭成员的劳动力供应决策，这意味着我们找不到统一模型的支持。

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  • 来源
    《Japan and the World Economy》 |2019年第3期|176-186|共11页
  • 作者

    Niizeki Takeshi; Hori Masahiro;

  • 作者单位

    Ehime Univ, Fac Law & Letters, 3 Bunkyo Cho, Matsuyama, Ehime 7908577, Japan|Cabinet Off, Econ & Social Res Inst, Chiyoda Ku, 1-6-1 Nagata Cho, Tokyo 1008914, Japan;

    Hitotsubashi Univ, Sch Int & Publ Policy, Chiyoda Ku, 2-1-2 Hitotsubashi, Tokyo 1018439, Japan|Cabinet Off, Econ & Social Res Inst, Chiyoda Ku, 1-6-1 Nagata Cho, Tokyo 1008914, Japan;

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  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

    Wealth effects; Individual labor supply; Inheritance receipt; Unitary model;

    机译：财富效应;个人劳力供给;继承收据;统一模式;

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