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A Note on the Multi-Good Model of Altruistic Private Transfers

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Author Info
Masato Hiwatari () (Department of Advanced and Social Studies, University of Tokyo)
Abstract

This paper extends a standard altruism model of private transfers to a multiple goods model. It has been pointed out that unlike the exchange-motivated transfers, altruistically motivated private transfers would mitigate income inequality in terms of quantity. However, taking the effect of multiple goods into account, it is shown that inequality-increasing transfers with purely altruistic motives can be apparently observed when market exchange is not available. This paper also introduces some concrete examples from the cases in a post-Soviet State.

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Publisher Info
Article provided by AccessEcon in its journal Economics Bulletin.

Volume (Year): 9 (2007)
Issue (Month): 6 ()
Pages: 1-7
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:ebl:ecbull:v:9:y:2007:i:6:p:1-7

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Related research
Keywords: Altruism;

Find related papers by JEL classification:
I3 - Health, Education, and Welfare - - Welfare and Poverty
R2 - Urban, Rural, and Regional Economics - - Household Analysis

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