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| Masato Hiwatari |
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| ''A Note on the Multi-Good Model of Altruistic Private Transfers'' |
| ( 2007, Vol. 9 No.6 ) |
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| 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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| Keywords: Altruism |
JEL: I3 - Welfare and Poverty: General
R2 - Urban, Rural, and Regional Economics: Household Analysis: General |
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| Manuscript Received : Apr 08 2007 | | Manuscript Accepted : Apr 09 2007 |
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