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A Counter-Reply to Professors Bankman and Weisbach

Sanchirico, Chris William - 2011

In “A Critical Look at the Economic Argument for Taxing Only Labor Income,” I challenge the tax substitution argument, which according to accepted wisdom fairly establishes that it is best to tax only labor earnings. A portion of Critical Look is directed at Professors Bankman and Weisbach's...

Persistent link: https://www.econbiz.de/10013121690

An Adverse Social Welfare Consequence of a Rich-To-Poor Income Transfer : A Relative Deprivation Approach

Stark, Oded - 2017

A transfer from a richer individual to a poorer one seems to be the most intuitive and straightforward way of reducing income inequality in a society. However, can such a transfer reduce the welfare of the society? We show that a rich-to-poor transfer can induce a response in the individuals'...

Persistent link: https://www.econbiz.de/10012945812

Who Got What, Then and Now? A Fifty Year Overview from the Global Consumption and Income Project

Jayadev, Arjun - 2017

Using new comprehensive data and tools from the Global Consumption and Income Project (GCIP), covering most of the world and more than five decades, we present a portrait of the changing global distribution of consumption and income and discuss its implications for understanding inequality and...

Persistent link: https://www.econbiz.de/10012971800

$1.90 Per Day : What Does it Say?

Reddy, Sanjay G. - 2016

The World Bank's global poverty estimates suffer from deep-seated problems arising from a single source, the lack of a … poverty line of $1.90 (2011 PPP) does not in any way resolve these problems. We present alternate estimates of global …, regional and national poverty based on reasoning as to what the Bank's own method, consistently applied, would entail. These …

Persistent link: https://www.econbiz.de/10013003105

Norms of Equality Implicit in Capitalism

Miller, Robert T. - 2016

Persistent link: https://www.econbiz.de/10013004266

The Middle Muddle : Conceptualizing and Measuring the Global Middle Class

Jayadev, Arjun - 2015

Interest in the emergence of a global middle class has resulted in a number of attempts to identify and enumerate who belongs to it. Current research provides wildly different estimates about the size and evolution of the global middle class because of a lack of consensus on appropriate...

Persistent link: https://www.econbiz.de/10013011418

A Critical Look at the Economic Argument for Taxing Only Labor Income

Sanchirico, Chris William - 2012

According to accepted wisdom, quot;the tax substitution argumentquot; fairly establishes that it is best to tax only labor income, and not also income from savings and investment. In this Article, I show that the tax substitution argument - which is actually a disjointed collection of arguments...

Persistent link: https://www.econbiz.de/10012754884

An adverse social welfare consequence of a rich-to-poor income transfer : a relative deprivation approach

Stark, Oded; Kosiorowski, Grzegorz; Jakubek, Marcin - 2017

Persistent link: https://www.econbiz.de/10011730204

An adverse social welfare consequence of a rich-to-poor income transfer : a relative deprivation approach

Stark, Oded; Kosiorowski, Grzegorz; Jakubek, Marcin - 2017

A transfer from a richer individual to poorer A transfer from a richer individual to poorer seems to be the most seems to be the most intuitive and straightforward way of reducing income inequality in a society. However, can such a transfer reduce the welfare of the society? We show that a rich...

Persistent link: https://www.econbiz.de/10011736621

Who Got What, Then And Now? A Fifty Year Overview From The Global Consumption And Income Project

Jayadev, Arjun; Lahoti, Rahul; Reddy, Sanjay G. - Department of Economics, New School for Social Research - 2015

implications for our understanding of inequality, poverty, inclusivity of growth and development, world economic welfare, and the … poverty has declined greatly but by others it has hardly declined at all, even over the fifty years. The global middle class …

Persistent link: https://www.econbiz.de/10011274635