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Should income inequality be praised? : multiple public goods provision, income distribution and social welfare
Itaya, Jun-ichi; Mizushima, Atsue - 2016
We investigate how income inequality affects social welfare in a model of voluntary contributions to multiple pure … voluntarily supplied public goods; specifically, we show that not only an income inequality-raising redistribution policy but also … allowed, an inequality-raising redistribution policy is no longer effective and leaves social welfare unchanged. …
Persistent link: https://www.econbiz.de/10011568762
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Should Income Inequality be Praised? Multiple Public Goods Provision, Income Distribution and Social Welfare
Itaya, Jun-ichi; Mizushima, Atsue - 2016
We investigate how income inequality affects social welfare in a model of voluntary contributions to multiple pure … voluntarily supplied public goods; specifically, we show that not only an income inequality-raising redistribution policy but also … allowed, an inequality-raising redistribution policy is no longer effective and leaves social welfare unchanged. …
Persistent link: https://www.econbiz.de/10011584914
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Why praise inequality? Public good provision, income distribution and social welfare
Dasgupta, Indraneel - 2009
public good is pure, any given, positive level of income inequality can be shown to be socially excessive by suitably … redistribution from the rich to the poor will improve social welfare, regardless of how small inequality is in the status quo. …
Persistent link: https://www.econbiz.de/10010269097
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Inequality, inequity aversion, and the provision of public goods
Kölle, Felix; Sliwka, Dirk; Zhou, Nannan - 2011
We investigate the effects of inequality in wealth on the incentives to contribute to a public good when agents are … generated by purely selfish agents. But introducing inequality motivates more productive agents to exert higher efforts and help … disadvantageous inequality. Moreover, the more inequity averse the agents, the more inequality should be imposed even by an …
Persistent link: https://www.econbiz.de/10010278642
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Why Praise Inequality? Public Good Provision, Income Distribution and Social Welfare
Dasgupta, Indraneel - Institute for the Study of Labor (IZA) - 2009
public good is pure, any given, positive level of income inequality can be shown to be socially excessive by suitably … redistribution from the rich to the poor will improve social welfare, regardless of how small inequality is in the status quo. …
Persistent link: https://www.econbiz.de/10005822299
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Weighted Constrained Egalitarism in TU-Games.
Koster, M. - CentER for Economic Research, Universiteit van Tilburg - 1999
weighted Lorenz-criterion as an inequality measure. It is shown that in general there is at most one such weighted egalitarian …
Persistent link: https://www.econbiz.de/10005775442
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Inequality, Inequity Aversion, and the Provision of Public Goods
Kölle, Felix; Sliwka, Dirk; Zhou, Nannan - Institute for the Study of Labor (IZA) - 2011
We investigate the effects of inequality in wealth on the incentives to contribute to a public good when agents are … generated by purely selfish agents. But introducing inequality motivates more productive agents to exert higher efforts and help … disadvantageous inequality. Moreover, the more inequity averse the agents, the more inequality should be imposed even by an …
Persistent link: https://www.econbiz.de/10008839287
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Chapter 2 Measurement of inequality
Cowell, F.A. - In: Handbook of income distribution : volume 1, (pp. 87-166). 2000
The analysis of inequality is placed in the context of recent developments in economics and statistics. …
Persistent link: https://www.econbiz.de/10014024207
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A theory for ranking distribution functions
Aaberge, Rolf; Havnes, Tarjei; Mogstad, Magne - 2014 - This version September 2014
We propose a general framework to unambiguously compare distributions functions in an economically interpretable way. Our framework provides complete ranking of any set of distributions and money metric interpretation of the social welfare level of a dominating distribution as compared to a...
Persistent link: https://www.econbiz.de/10010402566
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A theory for ranking distribution functions
Aaberge, Rolf; Havnes, Tarjei; Mogstad, Magne - 2013
When is one distribution (of income, consumption, or some other economic variable) more equal or better than another? This question has proven difficult to answer in situations where distribution functions intersect and no unambiguous ranking can be attained without introducing weaker criteria...
Persistent link: https://www.econbiz.de/10010212989