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implications of various philosophical theories of justice for the way in which a welfare economist might appraise a particular … when discussing distributive justice. Here however we have distinguished notions of justice which are essentially … health opportunity set), from theories which require the social welfare function (or maximand) to have particular properties …
Persistent link: https://www.econbiz.de/10014024170
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/10010945116
This Handbook entry presents a conceptual, normative overview of the subject of taxation. It emphasizes the relationships among the main functions of taxation—notably, raising revenue, redistributing income, and correcting externalities—and the mapping between these functions and various...
Persistent link: https://www.econbiz.de/10014023506
In South Africa social exclusion remains a problem due to the multiple and overlapping divisions in post-apartheid society and the lack of linking ties bridging the worlds of those who have plenty and those without. To quantify the potential benefit of such linking ties for socio-economic...
Persistent link: https://www.econbiz.de/10010834061
, and grounds normative analysis in individuals' utilities and a social welfare function. This article advances an approach … distribution-neutral methodology and welfare analysis developed in Kaplow (2008a) and related work, offering applications to income … security and retirement savings, estate and gift taxation, and transfer programs. It also explores welfare criteria and …
Persistent link: https://www.econbiz.de/10012174286
This paper explains how to build Lorenz Curves for income distributions and discusses their use for inequality measurement. A short conceptual background, a step-by-step procedure and a simple numerical example illustrate how to calculate and draw Lorenz Curves. A discussion on the use of Lorenz...
Persistent link: https://www.econbiz.de/10008919738
This paper illustrates how Lorenz Curves can be used to identify the best income distribution on social welfare grounds … using specific functional forms of the Social Welfare Function (SWF) to infer welfare judgments, the rationale for using …
Persistent link: https://www.econbiz.de/10009004151
We examine theoretically and empirically social interactions in labor markets and how policy prescriptions can change dramatically when there are social interactions present. Spillover effects increase labor supply and conformity effects make labor supply perfectly inelastic at a reference group...
Persistent link: https://www.econbiz.de/10010280680
We examine theoretically and empirically social interactions in labor markets and how policy prescriptions can change dramatically when there are social interactions present. Spillover effects increase labor supply and conformity effects make labor supply perfectly inelastic at a reference group...
Persistent link: https://www.econbiz.de/10009283580
We examine theoretically and empirically social interactions in labor markets and how policy prescriptions can change dramatically when there are social interactions present. Spillover effects increase labor supply and conformity effects make labor supply perfectly inelastic at a reference group...
Persistent link: https://www.econbiz.de/10010598810