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We illustrate how the desire to live in a fair society that rewards individual effort and hard work triggers an unselfish though rational demand for redistribution. This leads the well off to prefer higher taxes and the poor to reject extreme progressivity. We then provide evidence of these...
Persistent link: https://www.econbiz.de/10011785084
There is no consensus on how to measure social welfare and inequality when households have different needs. As we show …-order importance for social welfare, but generally plays a minor role in the measurement of inequality. To address this impasse, we … introduce partial compensation. Our axiomatic characterizations reveal novel families of welfare criteria and, with the …
Persistent link: https://www.econbiz.de/10015052572
We extend Bergstrom and Cornes (1983) to show that for strong independence of efficient allocations from distribution in a public goods economy, the utility functions of all consumers must identically be of the form: A(Y)Xi, where Y and Xi are respectively the quantities of public good and...
Persistent link: https://www.econbiz.de/10011041597
Zwei wesentliche Perspektiven, Arbeitslosigkeit zu untersuchen, sind die der Gerechtigkeit und die der Effizienz. Unverschuldete Arbeitslosigkeit wird als ungerecht empfunden. Zugleich wird häufig argumentiert, dass Arbeitslosigkeit zu gesellschaftlichen Wohlfahrtseinbußen führt, da Arbeit...
Persistent link: https://www.econbiz.de/10003592841
Standard income inequality indices can be interpreted as a measure of welfare loss entailed in departures from equality … of outcomes, for egalitarian social welfare functions defined on the distribution of outcomes. But such a welfare …
Persistent link: https://www.econbiz.de/10012957494
Do rising inequality and youth unemployment aect preferences for redistribution? Using country-level European survey data from 2002 to 2015, I show that changes in market inequality and the rise of (youth) unemployment increase preferences for redistribution. The ndings are supported by the...
Persistent link: https://www.econbiz.de/10012195792
Standard income inequality indices can be interpreted as a measure of welfare loss entailed in departures from equality … of outcomes, for egalitarian social welfare functions defined on the distribution of outcomes. But such a welfare …
Persistent link: https://www.econbiz.de/10011641764
Well-Being and Fair Distribution provides a rigorous and comprehensive defense of the “social welfare function” as a … tool for evaluating governmental policies. In particular, it argues for a “prioritarian” social welfare function: one that … “prioritarian” social welfare function is more appealing than alternative forms (for example, a utilitarian, leximin, or …
Persistent link: https://www.econbiz.de/10014174416
Do rising inequality and youth unemployment affect preferences for redistribution? Using country-level European survey data from 2002 to 2015, I show that changes in market inequality and the rise of (youth) unemployment increase preferences for redistribution. The findings are supported by the...
Persistent link: https://www.econbiz.de/10014101302
Recent models of economic fairness assume that at least some people are motivated to reduce economic differences between themselves and other individuals. In addition to this motive, this paper investigates whether people care also about differences between third parties. An experiment is...
Persistent link: https://www.econbiz.de/10014064469