Showing 1 - 10 of 562
The Targeted Public Distribution System (TPDS) - the largest food subsidy program in India - has been a dismal failure in targeting the poor. The present paper examines its performance in three Indian states - Andhra Pradesh, Maharashtra and Rajasthan, based on primary data collected for this...
Persistent link: https://www.econbiz.de/10013118270
This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...
Persistent link: https://www.econbiz.de/10014023678
The model describes a two person economy, in which one individual with positive exogenous income is altruist towards an individual with no income. The rich individual cares for her own social status. She evaluates her status by comparing disposable net cash incomes. When deciding on the size and...
Persistent link: https://www.econbiz.de/10009746177
Contrary to popular perception, Russia entered the transition with significant inequality. Using the large Russian Longitudinal Monitoring Survey dataset, we demonstrate that inequality has subsequently risen yet further and by end-1996 was roughly comparable to inequality in Mexico, Colombia or...
Persistent link: https://www.econbiz.de/10014189961
Many OECD countries such as the USA, the UK or Switzerland are concerned with the affordability of utility services and the distributional consequences inherent in the pricing strategy of basic goods and services, such as electricity. However, the effectiveness of the electricity tariff as a...
Persistent link: https://www.econbiz.de/10012908694
Many OECD countries such as the USA, the UK or Switzerland are concerned with the affordability of utility services and the distributional consequences inherent in the pricing strategy of basic goods and services, such as electricity. However, the effectiveness of the electricity tariff as a...
Persistent link: https://www.econbiz.de/10011892503
This paper proposes a model that can be implemented to estimate the willingness to pay for distributive justice, defined as distribution according to desert. We derive a formula that allows one to recover the willingness to pay for distributive justice from fiscal data and the estimated...
Persistent link: https://www.econbiz.de/10003526223
Income mobility is often thought to equalize permanent incomes and thereby to improve social welfare. The welfare analysis of mobility often fails, however, to account for the cost of the variability of periodic incomes around permanent incomes. This paper assesses the net welfare benefit of...
Persistent link: https://www.econbiz.de/10009308021
We provide experimental evidence on the emergence of redistributive societies. Individuals first vote on redistribution by feet and then learn their productivity and invest. We vary the individuals' information about their productivities at the time when they choose a distribution rule and find...
Persistent link: https://www.econbiz.de/10013074399
Forty-two percent of Americans give different answers when asked, respectively, about the reasons for being rich and the reasons for being poor. We develop and test a theory about support for redistribution in the presence of target-specific beliefs about the causes of low and high incomes. Our...
Persistent link: https://www.econbiz.de/10012889829