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 …We investigate how income inequality affects social welfare in a model of voluntary contributions to multiple pure …

redistribution from the rich to the poor will improve social welfare, regardless of how small inequality is in the status quo … public good is pure, any given, positive level of income inequality can be shown to be socially excessive by suitably …

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. …We investigate how income inequality affects social welfare in a model of voluntary contributions to multiple pure …

redistribution from the rich to the poor will improve social welfare, regardless of how small inequality is in the status quo … public good is pure, any given, positive level of income inequality can be shown to be socially excessive by suitably …. -- Public goods ; voluntary provision ; income distribution ; inequality ; social welfare …

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 …