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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)

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  • Matthieu CLEMENT

Abstract

The 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.

Suggested Citation

  • Matthieu CLEMENT, 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 (2007-2019) 2007-08, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
  • Handle: RePEc:grt:wpegrt:2007-08
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    File URL: http://cahiersdugretha.u-bordeaux.fr/2007/2007-08.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    Private transfers; well-being ; altruism; exchange; risk-sharing; bivariate Tobit; spline regression; Russia;
    All these keywords.

    JEL classification:

    • C24 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Truncated and Censored Models; Switching Regression Models; Threshold 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; Intergenerational Transfers
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • P20 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - General

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