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Tony Atkinson is universally celebrated for his outstanding contributions to the measurement and analysis of inequality …, but he never saw the study of inequality as a separate branch of economics. He was an economist in the classical sense …
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technological non convexity exists. It follows that certain households are poverty trapped, that the initial distribution of wealth … fully determines aggregate production and that wealth redistribution is equity and efficiency enhancing.Empirical evidence … redistribution. …
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matter to poverty and the dimension that matters to redistribution preferences. The undermining paradox emphasizes that the …Korpi and Palme's (1998) classic "The Paradox of Redistribution and Strategies of Equality" claims that universal … social policy better reduces poverty than social policies targeted at the poor. This article revisits Korpi and Palme …
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This paper explores common trends in inequality and redistribution across OECD countries from the late 1980s to 2013 …. Low‐end inequality rises during economic downturns while rising top‐end inequality is associated with economic growth …. Most countries retreated from redistribution from the mid‐1990s until the onset of the Great Recession and compensatory …
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