| Título: | The Carnegie Conjecture: Some Empirical Evidence |
| Autores: |
Holtz-Eakin, Douglas Joulfaian, David Rosen, Harvey |
| Fecha: |
2011-10-26 2011-10-26 1992-03-01 |
| Publicador: | Universidad de Princenton |
| Fuente: |
 |
| Tipo: | Working Paper |
| Tema: |
inheritance estate labor supply |
| Descripción: | This paper examines tax return-generated data on the labor force behavior of people before and after they receive inheritances. The results are consistent with Andrew Camegie’s century-old assertion that large inheritances decrease a person's labor force participation. For example, a single person who receives an inheritance of about $150,000 is roughly four times more likely to leave the labor force than a person with an inheritance below $25,000. Additional, albeit weaker, evidence suggests that large inheritances depress labor supply, even when participation is unaltered. |
| Idioma: | No aplica |
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