Exploring bequest intentions of Indian households

Autor:	Smitha Nair, V Gopikumar, Anjaly Ajith, Raja Sreedharan V
Jazyk:	angličtina
Rok vydání:	2019
Předmět:	bequest savings behaviour self-interest altruism inter-generational transfer emerging economy Finance HG1-9999 Economic theory. Demography HB1-3840
Zdroj:	Cogent Economics & Finance, Vol 7, Iss 1 (2019)
Druh dokumentu:	article
ISSN:	2332-2039 23322039
DOI:	10.1080/23322039.2019.1637592
Popis:	This paper examines the bequest motives of Indian households in a context of changing demographic factors such as ageing and economic shocks such as the financial crisis of 2009, and demonetization in the year 2016. We employ a standardized questionnaire, and collect data from a random sample of 220 participants. The results indicate that self- interest has a negative association and social norms is positively associated with the intention to bequest. Further, altruism, religiosity and social norms negatively amplifies the relationship between self-interest and intention to bequest.
Databáze:	Directory of Open Access Journals
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