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Suppose that n quantifiable attributes of an individual - e.g. income, life expectancy, education etc. - are important for deciding whether or not that individual is living in poverty. If his profile of attributes falls below a certain poverty frontier then the individual is considered poor....
Persistent link: https://www.econbiz.de/10013069884
This project employs the theory of opportunity, described in Roemer''s book (Equality of Opportunity, Harvard University Press, 1998), to compute the extent to which tax-and-transfer regimes in ten countries equalize opportunities among citizens for income acquisition. Roughly speaking, equality...
Persistent link: https://www.econbiz.de/10010318598
This project employs the theory of equality of opportunity, described in Roemer?s book (Equality of Opportunity, Harvard University Press, 1998), to compute the extent to which tax-and-transfer regimes in ten countries equalize opportunities among citizens for income acquisition. Roughly...
Persistent link: https://www.econbiz.de/10010260748
Climate science indicates that climate stabilization requires low GHG emissions. Is this consistent with nondecreasing human welfare? Our welfare index, called quality of life (QuoL), emphasizes education, knowledge, and the environment. We construct and calibrate a multigenerational model with...
Persistent link: https://www.econbiz.de/10014215800
How should health services be allocated if we wish to equalize opportunities among citizens of a country for longevity, or quality - adjusted life years (QUALYs)? Equalizing opportunities means leveling off the differences in the objective (say, longevity) due to circumstances beyond the...
Persistent link: https://www.econbiz.de/10014166044
This forthcoming chapter in the Handbook of Income Distribution (eds., A. Atkinson and F. Bourguignon) summarizes the literature on equality of opportunity. We begin by reviewing the philosophical debate concerning equality since Rawls (sections 1 and 2), present economic algorithms for...
Persistent link: https://www.econbiz.de/10013073893
Mankind must cooperate to reduce GHG emissions to prevent a catastrophic rise in global temperature. How can the necessary costs of reducing GHG emissions be allocated across regions of the world, within the next few generations, and simultaneously address growth expectations and economic...
Persistent link: https://www.econbiz.de/10013061728
Sustainability has been largely replaced by discounted utilitarianism in contemporary climate-change economics. Our approach rejuvenates sustainability by expanding the conception of the quality of life, along the lines of the UN Human Development Reports, to include not only consumption, but...
Persistent link: https://www.econbiz.de/10009686597
This project employs the theory of equality of opportunity, described in Roemer's book (Equality of Opportunity, Harvard University Press, 1998), to compute the extent to which tax-and-transfer regimes in ten countries equalize opportunities among citizens for income acquisition. Roughly...
Persistent link: https://www.econbiz.de/10011433716
What are the long-term effects of policies intended to equalize opportunities among different social classes of children? To find out, we study the stationary states of an intergenerational model where adults are either White or Blue collar employees. Both adults and the state invest in their...
Persistent link: https://www.econbiz.de/10012995683