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Inter-Household private transfers and underlying motives : evidence for Bulgaria

dc.contributor.authorMenezes, António Gomes de
dc.date.accessioned2011-05-16T11:53:08Z
dc.date.available2011-05-16T11:53:08Z
dc.date.issued2006-02
dc.description.abstractThe 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.en
dc.identifier.urihttp://hdl.handle.net/10400.3/1140
dc.language.isoengpor
dc.peerreviewedyespor
dc.publisherCEEAplApor
dc.relation.ispartofseriesWorking Paper Series;02/2006
dc.subjectAltruismen
dc.subjectCapital Market Imperfectionsen
dc.subjectExchangeen
dc.subjectInter-Household Private Transferspor
dc.titleInter-Household private transfers and underlying motives : evidence for Bulgariaen
dc.typeworking paper
dspace.entity.typePublication
rcaap.rightsopenAccesspor
rcaap.typeworkingPaperpor

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