Labour Supply after Inheritances and the Role of Expectations

Labour Supply after Inheritances and the Role of Expectations
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DOI:
10.1111/obes.12353
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发表时间:
2020-02-13
影响因子:
2.5
通讯作者:
Pestel, Nico
Pestel, Nico
中科院分区:
经济学3区
文献类型:
--
作者:
Doorley, Karina;Pestel, Nico

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本文考察了继承对劳动力供给的影响,区分了非预期继承和预期继承。我们使用德国的家庭和个人层面的微观数据来调查继承对许多劳动力市场结果的影响。女性在继承遗产后不太可能全职工作,她们每周的理想工作时间和实际工作时间平均减少了1-2小时。研究发现,对于没有子女的家庭和流动性受限的家庭,这种影响的幅度更大,估计也更精确。其他边际,如劳动力市场以外的时间使用和满意度也被发现受到继承收据的影响。
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.