Dasgupta, Indraneel; Kanbur, Ravi - Institute for the Study of Labor (IZA) - 2008
absolute inequality in welfare achievement, while leaving the change in relative inequality ambiguous. Additionally … normative logic of
this exemption. We show that, rather than reducing it, philanthropy may aggravate absolute
inequality in … welfare achievement, while leaving the change in relative inequality ambiguous.
Additionally, philanthropic preferences may …