I analyze the inter vivo transfers and bequest decisions of 700,000 individuals during a period when the decision maker receives negative news regarding their life expectancy. The event that initiates the news is a health outcome. Expected mortality increases both the likelihood of transferring wealth to the next generation and the amount transferred. The size of the inter vivo transfer and bequest are positively related to the wealth of the parent and the severity of the diagnosis, regardless of diagnosis-specific demand for informal care. Using a structural life cycle model, I estimate the bequest parameters that are consistent with the causal effect estimates.

中文翻译：

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遗赠动机有多大？基于健康冲击的估计

我分析了 700,000 个人在决策者收到有关其预期寿命的负面消息期间的体内转移和遗赠决策。启动新闻的事件是健康结果。预期死亡率增加了将财富转移给下一代的可能性和转移的金额。体内转移和遗赠的大小与父母的财富和诊断的严重程度正相关，无论诊断特定的非正式护理需求如何。使用结构生命周期模型，我估计了与因果效应估计一致的遗赠参数。