When a seller hires an agent to sell his/her property, a successful outcome depends on the list price, marketing time, unobserved relative bargaining power of the buyers and sellers, and the effort levels of the seller and the seller’s agent. A divergence with respect to the list/transaction...

This paper applies an extended Lorenz dominance welfare principle to make and compare estimates of the overall progressivity of taxes and transfers for Australia, Canada, Sweden, and the U.S.