Motives for Private Income Transfers
Bibliographic Data
| ID | 10177258 |
|---|---|
| Authors | Donald Cox (corresponding author) |
| Year | 1987 |
| Volume | 95 |
| Issue | 3 |
| Pages | 508-546 |
| Publication date | 1987-06-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0022-3808 • E-ISSN: 1537-534X |
| Publisher | University of Chicago Press (PUBLISHER • US) |
| DOI | 10.1086/261470 |
| OpenAlex | W1984539215 |
| Language | EN |
| Citations received | 308 |
| References cited | 20 |
Private income transfers are becoming increasingly recognized as a key aspect of the U.S. economy. The majority of private income transfers occur inter vivos (i.e., between living persons), but very little is known about this type of transfer behavior. This paper tests alternative hypotheses concerning motivation for inter vivos transfers. Two motives are considered: altruism and exchange. Evidence presented here casts doubt on the altruistic model of transfer behavior. Observed patterns for inter vivos transfers are more consistent with exchange-related motives. This finding has important implications for the effects of public transfer programs on the distribution of economic well-being. Copyright 1987 by University of Chicago Press
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| Unique citing works | 308 |
|---|---|
| Citations per year | 8,11 |
| Citation span | 1988 - 2026 (39) |
| Citation velocity | current |
| Highly cited | Yes |
| Citation types | Neutral: 303 |