Let there be two individuals: "rich," and "poor." Due to inefficiency of the income redistribution policy, if a social …

In determining the optimal redistribution of a given population's income, we ask which factor is more important: the … social planner's aversion to inequality, embedded in an isoelastic social welfare function indexed by a parameter alpha, or … convex combination of (absolute) income and low relative income. Assuming that the redistribution comes at a cost (because …

, their concept is able to explain what justifies a certain or optimal degree of inequality in the society. The authors …

macroeconomics and income inequality on the other hand. For this purpose, several estimation equations are derived by econometric …; afterwards, these connections are used to produce a nexus between German income inequality and the stated macroeconomic variables … unemployment rates. While the measured income inequality is upwards directly (exogenously) driven by demographic ageing, the …

Let there be two individuals: “rich,” and “poor.” Due to inefficiency of the income redistribution policy, if a social …

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' behaviors which actually exacerbates, rather than reduces, income inequality … space of admissible utility functions. In addition, we show that a rich-to-poor transfer can exacerbate inequality when we …

In determining the optimal redistribution of a given population's income, we ask which factor is more important: the … social planner's aversion to inequality, embedded in an isoelastic social welfare function indexed by a parameter alpha, or … convex combination of (absolute) income and low relative income. Assuming that the redistribution comes at a cost (because …

macroeconomics and income inequality on the other hand. For this purpose, several estimation equations are derived by econometric …; afterwards, these connections are used to produce a nexus between German income inequality and the stated macroeconomic variables … unemployment rates. While the measured income inequality is upwards directly (exogenously) driven by demographic ageing, the …