CHARITABLE BEQUESTS AND WEALTH AT DEATH

• 成果类型: Article
• 署名作者: Atkinson, Anthony B.; Backus, Peter G.; Micklewright, John
• 署名单位: University of Oxford; University of London; London School Economics & Political Science; University of Manchester; University of London; University College London
• 刊物名称: ECONOMIC JOURNAL
• ISSN/ISSBN: 0013-0133
• DOI: 10.1111/ecoj.12348
• 发表日期: 2017
• 页码: F1-F23
• 关键词: estate; Donations; taxation

摘要

Charitable bequests are a major source of income for charities but surprisingly little is known about them. We propose a multi-stage framework for analysing the bequest decision and examine the evidence for Britain provided by new data on estates. The novelty of the framework is that it distinguishes between five different steps that lead to a charitable bequest. Our new data for Britain have the advantages of covering the whole population of non-trivial estates, in contrast to much of the US literature based on the small fraction of the population covered by estate tax returns, and of containing fuller information on charitable intent. We use this unique data set to explore the relationship with wealth at death of testacy, of leaving a charitable bequest, and of the form of the bequests.