Showing 1 - 5 of 5
When incomes are exogenously given, a progressive tax structure reduces inequality in the sense that the Lorenz curve of after tax incomes is nowhere below that of before tax incomes whatever the circumstances as it was shown by U. Jakobsson (Journal of Public Economics 5 (1976), 161-168) The...
Persistent link: https://www.econbiz.de/10005476204
Simula and Trannoy (2007) have shown that ELIE is confronted with implementation issues when the policymaker cannot observe the time worked by every individual. This paper tries to fix this problem. To this aim, it characterizes the second-best allocations which are the closest to ELIE (i) in...
Persistent link: https://www.econbiz.de/10004969045
An early death is, undoubtedly, a serious disadvantage. However, the compensation of short-lived individuals has remained so far largely unexplored, probably because it appears infeasible. Indeed, short-lived agents can hardly be identified ex ante, and cannot be compensated ex post. We argue...
Persistent link: https://www.econbiz.de/10008676068
In the context of unequal deterministic longevities, classical utilitarianism exhibits, under time-additive individual preferences, a counterintuitive tendency to redistribute resources from short-lived agents towards long-lived agents, against any intuition for compensation. We examine the...
Persistent link: https://www.econbiz.de/10010608272
Recent empirical research has demonstrated that countries with higher levels of religiosity are characterized by greater income inequality. We argue that this is due to the lower level of government services demanded in more religious countries. Religion motivates individuals to engage in...
Persistent link: https://www.econbiz.de/10010608287