The relation between private transfers and household income on looking at altruism, exchange and risk-sharing hypotheses. An empirical analysis applied to Russia (In French)
AbstractThe aim of this paper is to analyze the impact of household income on private transfers in Russia on the basis of altruism, exchange and risk sharing hypotheses. Econometrical investigations, with Russia Longitudinal Monitoring Survey data for 2002, show that private transfers can’t be explained by altruism but rather by reciprocity. More precisely, in poor households, the idea of risk sharing is central, whereas in richer households, individual interest (exchange hypothesis) is more appropriate to understand private transfers.
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Bibliographic InfoPaper provided by Groupement de Recherches Economiques et Sociales in its series Cahiers du GRES with number 2007-14.
Date of creation: 2007
Date of revision:
Private transfers; well-being; altruism; exchange; risk-sharing; bivariate Tobit; spline regression; Russia;
Other versions of this item:
- Matthieu CLEMENT (GREThA), 2007. "The relation between private transfers and household income on looking at altruism, exchange and risk-sharing hypotheses. An empirical analysis applied to Russia (In French)," Cahiers du GREThA 2007-08, Groupe de Recherche en Economie Théorique et Appliquée.
- C24 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Truncated and Censored Models; Switching Regression Models
- C34 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Truncated and Censored Models; Switching Regression Models
- D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy
- I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
- P20 - Economic Systems - - Socialist Systems and Transition Economies - - - General
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