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We develop an integrated, general equilibrium, model of how the presence of vertical ties of "community" between sections of workers and sections of capitalists can critically affect the distribution of income between capitalists as a class and workers as a class, as well as between workers...
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inequality of incomes and inequality of welfare outcomes, and (b) individuals' material incentives fo r supporting income … redistribution. We show that the nominal distribution of income could give quite a misleading picture of real inequality and tensions … welfare inequality, and show that, somewhat paradoxically, individua ls sometimes have incentives for opposing redistribution …
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Empirical evidence on distributional preferences shows that people do not judge inequality as problematic per se but … inequality do not adequately reflect these normative preferences. In this paper we address this shortcoming by developing a new … measure of unfair inequality that reconciles two widely-held fairness principles: equality of opportunity and freedom from …
Persistent link: https://www.econbiz.de/10012236841
Empirical evidence on distributional preferences shows that people do not judge inequality as problematic per se but … inequality do not adequately reflect these normative preferences. In this paper, we address this shortcoming by developing a new … measure of unfair inequality that reconciles two idely-held fairness principles: equality of opportunity and freedom from …
Persistent link: https://www.econbiz.de/10012172471