Calibrate process by age and income category for who receives bequests. We get this information from the Survey of Consumer Finances (SCF). The unconditional receipts of bequests in terms of age and income, respectively, should match the data from Wolff.
Calibrate process by age and income category for who receives bequests. We get this information from the Survey of Consumer Finances (SCF). The unconditional receipts of bequests in terms of age and income, respectively, should match the data from Wolff.