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We develop a generalized approach to the treatment of household inequality aspects of social welfare in general equilibrium models of trade. We follow a dual approach, highlighting how general equilibrium distributional aspects of social welfare related to import protection may be examined...
Persistent link: https://www.econbiz.de/10010294852
The inequality dataset compiled in the 1990s by the World Bank and extendedby the UN has been both widely used and strongly criticized. The criticisms raisequestions about conclusions drawn from secondary inequality datasets in general. Wedevelop techniques to deal with national and...
Persistent link: https://www.econbiz.de/10010325176
We analyze general equilibrium relationships between trade policy and the household distribution of income, decomposing social welfare into real income level and variance components through Gini and Atkinson indexes. We embed these inequality-adjusted social welfare functions in a general...
Persistent link: https://www.econbiz.de/10010325324
Persistent link: https://www.econbiz.de/10003880610
Persistent link: https://www.econbiz.de/10003885811
We develop a generalized approach to the treatment of household inequality aspects of social welfare in general equilibrium models of trade. We follow a dual approach, highlighting how general equilibrium distributional aspects of social welfare related to import protection may be examined...
Persistent link: https://www.econbiz.de/10009239049
Persistent link: https://www.econbiz.de/10009427359
We explore the relationship between import protection and the household distribution of income. We first develop a general-equilibrium mapping from tariffs to household inequality measures. This also yields predictions for linkages between tariffs, development level, and observed household...
Persistent link: https://www.econbiz.de/10011335217
In an economy with imperfect labor contracts, differences in the distribution of talent can be an independent source of comparative advantage. I study a world economy with two activities, one in which an individual's contribution to production can be measured accurately and another in which...
Persistent link: https://www.econbiz.de/10011410329
Persistent link: https://www.econbiz.de/10003151564