A Policy Response to a Downside of the Integration of Economies : An Impossibility Theorem

Recent research shows that the merger of economies increases aggregate stress. This paper shows that there is no income distribution policy which will ensure that the wellbeing of the individuals belonging to merging economies does not fall below their pre-merger level

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Year of publication:	2014
Authors:	Stark, Oded
Publisher:	[2014]: [S.l.] : SSRN
Subject:	Unmöglichkeitstheorem \| Impossibility theorem \| Theorie \| Theory \| Wirtschaftsintegration \| Economic integration

Extent:	1 Online-Ressource (16 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments May 2014 erstellt
Other identifiers:	10.2139/ssrn.2445983 [DOI]
Classification:	d04 ; D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; F55 - International Institutional Arrangements ; H53 - Government Expenditures and Welfare Programs ; P51 - Comparative Analysis of Economic Systems
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013052981