A Model of Income Transfers for the Urban Poor
In developing nations cash transfers between households play a role in maintaining poor urban families at income levels sufficient to meet expenditures on basic needs. In our analysis, a social network is seen as redistributing income to those member households who fall below a perceived basic needs threshold. This redistributive mechanism can be though of as the outcome of an implicit social contract whereby households insure themselves against the risk of falling below a perceived basic needs level. Using data from El Salvador, regression estimates which account for transfers received by poor households are found to be consistent with the proposed model
Year of publication: |
[2013]
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Authors: | Kaufmann, Daniel |
Other Persons: | Lindauer, David L. (contributor) |
Publisher: |
[2013]: [S.l.] : SSRN |
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