Effects of Public and Private Transfers on Intra-familial Transfers공적ㆍ사적이전소득이 가구내 소득 이전에 미치는영향 분석
- Other Titles
- 공적ㆍ사적이전소득이 가구내 소득 이전에 미치는영향 분석
- Authors
- 성명재
- Issue Date
- 30-Sep-2016
- Publisher
- 한국경제발전학회
- Citation
- 경제발전연구, v.22, no.3, pp.1 - 30
- Journal Title
- 경제발전연구
- Volume
- 22
- Number
- 3
- Start Page
- 1
- End Page
- 30
- URI
- https://scholarworks.bwise.kr/hongik/handle/2020.sw.hongik/7379
- ISSN
- 1229-3148
- Abstract
- This paper analyzes the crowding-out effects between public and private transfers as well as those between private transfers from the donor’s perspective. With a unique data set, this paper estimates donors’ transfer function, whereas previous studies have focused on that of recipients. This approach relates the theoretical model to the estimation in a more direct manner and facilitates the interpretation of estimation results. Donors’ transfers are regressed on public transfers, donor/recipient characteristics, and other donor children’s transfers. The coefficient estimate of public transfers is -0.1083, and that of other donors is - 0.6124. Other donor children’s transfers are significantly more likely than public transfers to crowd out donors’ transfers. Noteworthy is the strengthening of these effects over time
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