welfare precludes income equality in this setting. We show that their case breaks down when the public good is impure: there … exist individual preferences under which maximization of social welfare necessitates exact income equalization. Even if the … public good is pure, any given, positive level of income inequality can be shown to be socially excessive by suitably …

Acknowledging that individuals dislike having low relative income renders trade less attractive when seen as a … technology that integrates two economies by merging separate social spheres into one. We define a "trembling trade" as a … situation in which gains from trade are less than losses in relative income, with the result that global social welfare is …

The Gini coefficient features prominently in Amartya Sen's 1973 and 1997 seminal work on income inequality and social … measure of social stress and aggregate income. We determine when as a consequence of an income gain by an individual, an … increase in the social stress measure dominates a concurrent increase in the aggregate income, such that the magnitude of the …

Income mobility is often thought to equalize permanent incomes and thereby to improve social welfare. The welfare … comparative) impact of mobility and of the tax system (another presumed income equalizer) on the dynamics of income across time … and on the inequality of income across individuals. Using panel data, we find that Canada's tax system limits …

inequality. Combining various income and wealth measures with different health measures, we calculate 80 health concentration …

. Regression analysis reveals that rising top income shares are positively associated with the capital share,trade and …This study provides new evidence on top income shares in Germany from the period of industrialization to the present …. Income concentration was high in the nineteenth century, dropped sharply after World War I and during the hyperinflation …

This paper studies on the determinants of income and urban-rural income gap to shed light on the problem of urban …-rural income inequality in China. OLS, conditional quantile regression and Blinder-Oaxaca decomposition methods are used to analyze … essential determinants of households' income level. These two factors exert heterogeneous effects at different percentiles of …