Stark, Oded; Kosiorowski, Grzegorz; Jakubek, Marcin - In: Research on economic inequality: Poverty, Inequality …, (pp. 1-37). 2017
A transfer from a richer individual to a poorer one seems to be the most intuitive and straightforward way of reducing income inequality in a society. However, can such a transfer reduce the welfare of the society? We show that a rich-to-poor transfer can induce a response in the individuals’...
