Utilize este identificador para referenciar este registo: http://hdl.handle.net/10400.3/1140
Título: Inter-Household private transfers and underlying motives : evidence for Bulgaria
Autor: Menezes, António Gomes de
Palavras-chave: Altruism
Capital Market Imperfections
Exchange
Inter-Household Private Transfers
Data: Fev-2006
Editora: CEEAplA
Relatório da Série N.º: Working Paper Series;02/2006
Resumo: The effects of interactions between private transfer behavior and income redistribution policies depend on the motives underlying private income transfers. This paper tests for two different potential motives: pure altruism versus simple exchange, in the presence of capital market imperfections. Using household survey data for Bulgaria, microeconometric evidence is found that both motives are in effect. We also find evidence that capital market imperfections are likely to be binding for consumption smoothing, and hence are an important cause of private transfers. The results indicate that social security benefits “crowd in” the incidence of private transfers, but not the amounts transferred.
Peer review: yes
URI: http://hdl.handle.net/10400.3/1140
Aparece nas colecções:CEEAplA Working Paper Series 2006

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