题目:Intentional Bequest Motives and the Choice of Annuity (有意馈赠动机与年金选择)

主讲人：朱胜豪 (对外经贸)

时间：2024年10月24日 下午14:00-15:30

地点：光华2号楼216

摘要： This paper identifies intentional bequest motives by exploiting the choices between two compulsory partial annuity plans with committed bequests in Singapore: a lower-bequest higher-payout plan, and a higher-bequest lower-payout plan. About 20% of our sample chose the higher-bequest option, supporting the existence of the intentional bequest motive. The bequest motive is driven by altruism and the joy of giving. Structural estimation and simulation show that people with bequest motives leave 7% – 18% more bequests than those without, which implies that the ratio of the annual inheritance flow to national income is about 10%.

简介：朱胜豪教授的研究领域为宏观经济学，论文发表在Econometrica等顶刊。