Series: IMF Working Papers
Author(s): Connel Fullenkamp , and Ralph Chami
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 August 2000
Keywords: Altruism, charity, asymmetric information, social insurance, nonmarket transfers, non-governmental organizations (NGOs), private transfers, wage, wages, benefits
Private transfers between individuals or through organized charities are increasingly viewed as an alternative for government social insurance programs. This paper models the incentive effects of government subsidi...