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The paper examines the structure and determinants of economic inequality in Greece and the EU-15 countries using data from the latest available Greek Household Budget Survey and the 7th wave of the ECHP survey. Emphasis is given to the possibly less well- researched but nonetheless important...
Persistent link: https://www.econbiz.de/10005523486
Recent studies have drawn attention to the high prevalence of stunting among children in rural India. In fact, these estimates point to more pervasive deprivation than conventional measures of poverty based on income or consumption expenditure shortfalls imply. Since stunting reflects cumulative...
Persistent link: https://www.econbiz.de/10005269187
The ethical analysis of distribution seems to show that, from general opinion, distribution in the field of macrojustice should not depend of people’s utility – for this choice, each individual’s utility concerns this person only (utility is relevant for other issues). The criterion should...
Persistent link: https://www.econbiz.de/10005272607
The basis of the capability approach (CA) was recently attacked by a paper by Prasanta Pattanaik and Yonghseng Xu: the CA is strongly committed to two substantial principles, dominance on the one hand, and relativism on the other hand. The authors have shown these two principles, along with a...
Persistent link: https://www.econbiz.de/10005272611
The paper provides a new formulation of the Mirrlees-Seade theorem on the positivity of the optimal marginal income tax, under weaker assumptions and in a more general model. The formulation of the theorem is independent of whether the model involves finitely many types or a continuous type...
Persistent link: https://www.econbiz.de/10005272722
The paper provides a new proof of the positivity of the optimal marginal income tax, in a more general model, under weaker assumptions. The analysis focusses on the (weakly) relaxed problem in which upward incentive constraints are replaced by a monotonicity condition on consumption. Without...
Persistent link: https://www.econbiz.de/10005272727
There has been a renewed interest in recent years in income inequality, economic mobility, and income volatility. I define an aggregate measure of income risk as half the squared coefficient of variation of incomes measured over both people and time, which can be decomposed into an inequality...
Persistent link: https://www.econbiz.de/10005272994
In this paper, the author deals with the question how to make PAYG pension systems financially resistant to fluctuating fertility rates. The author presents two pension schemes that lead to a permanently balanced budget but differ in the mixture of changes in the contribution rates and...
Persistent link: https://www.econbiz.de/10005273261
Mediante la estimación de los índices sociales de precios plutocrático y democrático para Colombia con base en inflaciones individuales, se encuentra evidencia del efecto anti-pobre de los cambios de precios relativos ocurridos entre los diciembres de 1998 y 2007 y de su regresividad...
Persistent link: https://www.econbiz.de/10005274381
La igualdad constituye uno de los valores fundamentales de cualquier sociedad democrática. En su vertiente económica, no basta con que la producción crezca; igualmente importante es la forma en la que ésta se distribuya. En este trabajo abordamos la cuantificación de la desigualdad y el...
Persistent link: https://www.econbiz.de/10005549534