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This paper considers the problem of social evaluation in a model where population size, individual lifetime utilities, lengths of life, and birth dates vary across states. We investigate principles for social evaluation in an intertemporal framework and show that history must matter to some...
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The phenomenon of income polarization is generally associated with a disappearing middle class but there does not seem to be a generally accepted definition of this notion. We characterize classes of polarization quasi-orderings and polarization measures in a framework where there are two income...
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