Exploring bequest intentions of Indian households

Smitha Nair; V. Gopikumar; Anjaly Ajith; Raja Sreedharan V

doi:10.1080/23322039.2019.1637592

Exploring bequest intentions of Indian households

Smitha Nair^*, V. Gopikumar, Anjaly Ajith, Raja Sreedharan V

^*Corresponding author for this work

Research output: Contribution to journal › Letter › peer-review

1 Citation (Scopus)

Abstract

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.

Original language	English
Article number	1637592
Journal	Cogent Economics and Finance
Volume	7
Issue number	1
DOIs	https://doi.org/10.1080/23322039.2019.1637592
Publication status	Published - 12 Jul 2019
Externally published	Yes

Keywords

Bequest
Emerging Economy
Inter-Generational Transfer
altruism
savings behaviour
self-interest

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10.1080/23322039.2019.1637592

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title = "Exploring bequest intentions of Indian households",

abstract = "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.",

keywords = "Bequest, Emerging Economy, Inter-Generational Transfer, altruism, savings behaviour, self-interest",

author = "Smitha Nair and V. Gopikumar and Anjaly Ajith and {Sreedharan V}, Raja",

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AU - Ajith, Anjaly

AU - Sreedharan V, Raja

PY - 2019/7/12

Y1 - 2019/7/12

N2 - 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.

AB - 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.

KW - Bequest

KW - Emerging Economy

KW - Inter-Generational Transfer

KW - altruism

KW - savings behaviour

KW - self-interest

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Exploring bequest intentions of Indian households

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Keywords

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