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Inequity plays a fundamental role in the evaluation of social welfare in many dimensions.We revisit the concept of inequity, whether across states of world (uncertainty), across individuals (inequality) and across generations (intergenerational equity), using a common framework generalizing the...
Persistent link: https://www.econbiz.de/10011622070
trade liberalization can affect welfare inequality within a country via changes in the relative prices of goods consumed by … environment that leads to variable markups affected by trade and trade costs. I find that trade liberalization does affect the … show that the relative welfare of the rich with respect to that of the poor has a hump shape as a function of trade costs. …
Persistent link: https://www.econbiz.de/10003964980
Persistent link: https://www.econbiz.de/10009744340
trade liberalization can affect welfare inequality within a country via changes in the relative prices of goods consumed by … environment that leads to variable markups affected by trade and trade costs. I find that trade liberalization does affect the … show that the relative welfare of the rich with respect to that of the poor has a hump shape as a function of trade costs …
Persistent link: https://www.econbiz.de/10014221727
We provide a characterization of the generalised satisfaction - in our terminology nondeprivation - quasi-ordering introduced by S.R. Chakravarty (Keio Economic Studies 34 (1997), 17-32) for making welfare comparisons based on the absence of deprivation. We show that the non-deprivation...
Persistent link: https://www.econbiz.de/10003800432
Persistent link: https://www.econbiz.de/10014024207
In cross-sectional studies, countries with greater income inequality typically exhibit less support for government-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve along this pattern, a vicious cycle could form...
Persistent link: https://www.econbiz.de/10013112981
In cross-sectional studies, countries with greater income inequality typically exhibit less support for government-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve along this pattern, a vicious cycle could form...
Persistent link: https://www.econbiz.de/10013006909
The article is concerned with understanding the impact of social preferences and wealth inequality on aggregate economic outcomes. We investigate how different manifestations of societal other-regarding preferences affect labor relationships and incentive contracts at the microeconomic level and...
Persistent link: https://www.econbiz.de/10013233935
The relation between income inequality and support for redistributive policies has long being debated by social scientists, albeit with mostly contrasting findings. We shed light on this puzzle by exploiting a novel EU-28 wide survey (Eurobarometer 471) and matching it with an array of regional...
Persistent link: https://www.econbiz.de/10012053557