2024-03-28T11:28:35Zhttps://eprints.lib.hokudai.ac.jp/dspace-oai/requestoai:eprints.lib.hokudai.ac.jp:2115/552962022-11-17T02:08:08Zhdl_2115_8473hdl_2115_8472hdl_2115_123Transfer Arrangement, Labor Migration and Community WelfareYamada, DaichiInformal transferLabor migration330An informal transfer arrangement within a community redistributes incomes. While this may improve the welfare by mitigating the income inequality, it will also a ect households’ decisions on labor migration, a way to expand incomes. This paper theoretically examines the transfer arrangement that maximize the community welfare, taking into account its e ect on endogenous labor migration decisions. The result shows that the welfare is maximized when the redistribution through transfer is limited. It also presents an alternative explanation for empirical findings of limited transfer arrangement.Graduate School of Economics and Business Administration, Hokkaido UniversityDepartmental Bulletin Paperapplication/pdfhttp://hdl.handle.net/2115/55296https://eprints.lib.hokudai.ac.jp/dspace/bitstream/2115/55296/1/DPA272.pdfDiscussion Paper, Series A2721112014-05engpublisher