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This paper explores the effect of personal income taxes on redistribution when labour supply reactions are taken into consideration. The results indicate that the classical non-behavioural results on redistribution are not necessarily satisfied in a more general behavioural framework. In this...
Persistent link: https://www.econbiz.de/10005542986
Majority voting and social evaluation functions are the main alternatives proposed in the literature for aggregating individual preferences. Despite these being very different, this paper shows that the ranking of income distributions, symmetric under the same transformation, by S-Gini...
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This paper provides sufficient conditions under which the preferences of a social decision maker accord with majority voting. We show that an additive and monotone utilitarian social evaluation function is consistent with the outcomes of majority voting for the class of income distributions that...
Persistent link: https://www.econbiz.de/10010998866
This paper proposes a methodology to measure social impact of terrorism. We define a multidimensional terrorism index based not only on deaths but also on other variables such as injuries, bombs and kidnappings. The weight of each terrorist activity is given by its social impact, which is...
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The objective of this work is to analyse the income inequality in the 15 EU countries during the convergence process to the Monetary Union, using the information contained in the European Community Household Panel, corresponding to the four first waves. Using the inverse second order stochastic...
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