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The Effect of Social Entitlement Programmes on Private Transfers

New Evidence of Crowding Out

Datos Bibliográficos

ID9724652
AutoresKristopher Gerardi (0000-0002-7775-4105, Federal Reserve Bank of Atlanta), Yuping Tsai (0000-0003-4478-2174, Carter Consulting Atlanta)
Año2014
Volumen81
Número324
Páginas721-746
Fecha de publicación2014-10-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaEconomica (JOURNAL)
Identificadores de la revistaISSN: 0013-0427 • E-ISSN: 1468-0335
EditorialWiley (PUBLISHER • GB)
DOI10.1111/ecca.12062
OpenAlexW3121590521
IdiomaEN
Citas recibidas9
Referencias citadas23

This paper exploits a policy experiment to identify the crowding‐out effects of public transfers on the incidence and level of private transfers. The introduction of a large social security programme in Taiwan is used to estimate the effect of an exogenous increase in government transfer payments to the elderly on the private transfer behaviour of their adult children. Using an instrumental variables strategy that accounts for the endogeneity of receiving public transfers, the empirical results show some evidence of crowding out on the extensive margin of private transfers

Crowding out · Demographic economics · Econometrics · Economic growth · Economics · Empirical evidence · Endogeneity · Entitlement (fair division) · Exploit · Government (linguistics) · Instrumental variable · Labour economics · Margin (machine learning) · Microeconomics · Monetary economics · Payment · Private sector · Public economics · Social security · Transfer (computing) · Transfer payment · Welfare · Finance · Financial Literacy, Pension, Retirement Analysis · Gender, Labor, and Family Dynamics · Retirement, Disability, and Employment

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Obras citantes distintas9
Citas por año0,9
Intervalo de citas2016 - 2025 (10)
Velocidad de citaciónrecent
Altamente citadoNo
Tipos de citaNeutras: 9
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