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Downward wage rigidity in a model of equal treatment contracting

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Inequality indices as tests of fairness

Kanbur, Ravi; Snell, Andy - 2017

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Inequality indices as tests of fairness

Kanbur, Ravi; Snell, Andy - 2017

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 interpretation has been criticized for a long time on the...

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