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We demonstrate that a rank-preserving transfer from a richer individual to a poorer individual can exacerbate income inequality (when inequality is measured by the Gini coefficient). This happens when individuals' preferences depend negatively not only on work time (effort) but also on low...
Persistent link: https://www.econbiz.de/10013088825
Persistent link: https://www.econbiz.de/10009726218
We demonstrate that a rank-preserving transfer from a richer individual to a poorer individual can exacerbate income inequality (when inequality is measured by the Gini coefficient). This happens when individuals' preferences depend negatively not only on work time (effort) but also on low...
Persistent link: https://www.econbiz.de/10009680434
We demonstrate that a rank-preserving transfer from a richer individual to a poorer individual can exacerbate income inequality (when inequality is measured by the Gini coefficient). This happens when individuals' preferences depend negatively not only on work time (effort) but also on low...
Persistent link: https://www.econbiz.de/10009681018
Let there be two individuals: "rich," and "poor." Due to inefficiency of the income redistribution policy, if a social …
Persistent link: https://www.econbiz.de/10011542159
In determining the optimal redistribution of a given population's income, we ask which factor is more important: the … convex combination of (absolute) income and low relative income. Assuming that the redistribution comes at a cost (because …
Persistent link: https://www.econbiz.de/10011569042
In determining the optimal redistribution of a given population's income, we ask which factor is more important: the … convex combination of (absolute) income and low relative income. Assuming that the redistribution comes at a cost (because …
Persistent link: https://www.econbiz.de/10011594247
Persistent link: https://www.econbiz.de/10011580577
Persistent link: https://www.econbiz.de/10011820366
Let there be two individuals: “rich,” and “poor.” Due to inefficiency of the income redistribution policy, if a social …
Persistent link: https://www.econbiz.de/10012992345