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How Inheritance Expectations Impact Household Savings

open access: yesReview of Income and Wealth, Volume 72, Issue 1, February 2026.
ABSTRACT This article examines how expecting to receive an inheritance impacts household savings. Life‐cycle consumption models indicate that the expectation of inheriting should reduce current savings for forward‐thinking consumers. We investigate this economic prediction, considering factors such as liquidity constraints and education.
Ignacio Belloc, José Alberto Molina
wiley   +1 more source

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