Sen, Partha; Cremers, Emily T. - Centre for Development Economics, Delhi School of Economics - 2007
This paper examines the effects of international income transfers on welfare and capital accumulation in a one-sector … overlapping generations model. It is shown that a strong form of the transfer paradox-- in which the donor country experiences a … CDE
August, 2007
The Transfer Paradox in a One-Sector Overlapping
Generations Model
Partha …