Forced gifts The burden of being a friend is popular PDF and ePub book, written by Bulte, Erwin in 2017-03-09, it is a fantastic choice for those who relish reading online the Political Science genre. Let's immerse ourselves in this engaging Political Science book by exploring the summary and details provided below. Remember, Forced gifts The burden of being a friend can be Read Online from any device for your convenience.
Forced gifts The burden of being a friend Book PDF Summary
In many developing countries, gift expenses account for a substantial share of total household expenditures. As incomes rise, gift expenses are escalating in several developing countries. We develop a theoretical model to demonstrate how (unequal) income growth may trigger “gift competition” and drive up the financial burden associated with gift exchange. We use unique census-type panel data from rural China to test our model predictions and demonstrate that (1) the value of gifts responds to the average gift in the community, (2) the escalation of gift giving may have adverse welfare implications (especially for the poor), and (3) escalating gift expenses crowd out expenditures on other consumption items.
Detail Book of Forced gifts The burden of being a friend PDF
- Author : Bulte, Erwin
- Release : 09 March 2017
- Publisher : Intl Food Policy Res Inst
- ISBN : 978186723xxxx
- Genre : Political Science
- Total Page : 40 pages
- Language : English
- PDF File Size : 14,8 Mb
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