Publication in refereed journal
香港中文大学研究人员 ( 现职)
全文
| 数位物件识别号 (DOI) http://dx.doi.org/10.1111/1468-5876.00181 |
引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/0WOS source URL
其它资讯
摘要This paper discusses some economic implications of sex preferences and the bequest behaviour of parents. A simple two-period model with general assumptions is developed. It is shown that a Nash equilibrium does not exist unless constraints are imposed. However, such an equilibrium exists if bequests are non-negative, if bequests to sons and daughters are equal or if preferences are heterogeneous. The model thus explains why such institutional constraints on bequests are observed in the real world, and why in some (developing) countries male children inherit the major wealth from parents. It also has useful implications for the debt neutrality proposition.
着者Zhang JS
期刊名称Japanese Economic Review
出版年份2http://aims.cuhk.edu.hk/converis/portal/Publication/0http://aims.cuhk.edu.hk/converis/portal/Publication/01
月份3
日期1
卷号52
期次1
出版社BLACKWELL PUBL LTD
页次7http://aims.cuhk.edu.hk/converis/portal/Publication/0 - 76
国际标準期刊号1352-4739
语言英式英语
Web of Science 学科类别Business & Economics; Economics; ECONOMICS
