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

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