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redistribution from the rich to the poor will improve social welfare, regardless of how small inequality is in the status quo …
Persistent link: https://www.econbiz.de/10003808609
redistribution from the rich to the poor will improve social welfare, regardless of how small inequality is in the status quo …
Persistent link: https://www.econbiz.de/10012756257
voluntarily supplied public goods; specifically, we show that not only an income inequality-raising redistribution policy but also … allowed, an inequality-raising redistribution policy is no longer effective and leaves social welfare unchanged. …
Persistent link: https://www.econbiz.de/10011568762
voluntarily supplied public goods; specifically, we show that not only an income inequality-raising redistribution policy but also … allowed, an inequality-raising redistribution policy is no longer effective and leaves social welfare unchanged …
Persistent link: https://www.econbiz.de/10012965708
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Specialized theoretical and empirical research should in principle be embedded in a unified framework that identifies the relevant interactions among different phenomena, enables an appropriate matching of policy instruments to objectives, and grounds normative analysis in individuals' utilities...
Persistent link: https://www.econbiz.de/10012174286
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