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We provide an axiomatic justification to aggregate money metrics. The key axiom requires the approval of richer-to-poorer transfers that preserve the overall efficiency of the distribution. This transfer principle - together with the basic axioms of anonymity, continuity, monotonicity, and a...
Persistent link: https://www.econbiz.de/10011856642
-units) on inequality and poverty statistics using Irish microdata. We find that benchmark equivalence scales result in … attributable to changes in the adult weight. Inequality statistics tend to be less sensitive to the choice of equivalence scale but ….35. Other inequality metrics, such as the p90p10 ratio, exhibit increased volatility over the business cycle at sub …
Persistent link: https://www.econbiz.de/10013040653
deserve tax breaks. We demonstrate that the German tax-transfer system conflicts with a welfarist inequality averse social … planner. It is consistent with a planner who is averse to both inequality and high tax liabilities. The tax-transfer schedule … European countries and the USA and show that their redistributive systems can be rationalized with an inequality averse social …
Persistent link: https://www.econbiz.de/10012876120
This Handbook entry presents a conceptual, normative overview of the subject of taxation. It emphasizes the relationships among the main functions of taxation—notably, raising revenue, redistributing income, and correcting externalities—and the mapping between these functions and various...
Persistent link: https://www.econbiz.de/10014023506
Equity in health has to be distinguished from equity in access to health care, or equity in the distribution of health care resources. We take as a working definition of health for our purposes the number of quality adjusted life years that a person may expect to enjoy over his or her lifetime....
Persistent link: https://www.econbiz.de/10014024170
The paper surveys the economics literature on equity in health care financing and delivery. The focus is, for the most part, on empirical work, especially that involving international and temporal comparisons. There is, however, some discussion of the concept and definition of equity. The...
Persistent link: https://www.econbiz.de/10014024171
case studies rather than cross-country regression analysis; (ii) the phenomenon of increasing inequality; (iii) different …) alternative modes of redistribution in face of inequality increasing tendencies. …
Persistent link: https://www.econbiz.de/10014024196
The analysis of inequality is placed in the context of recent developments in economics and statistics. …
Persistent link: https://www.econbiz.de/10014024207
in poverty and income inequality, up to 2010 or 2011 in most countries. We provide measures of the levels and trends in … income inequality, and inequality among those with top incomes. …
Persistent link: https://www.econbiz.de/10014025343
foundations, how polarization is distinct from inequality and other ways of considering distances and differences across …
Persistent link: https://www.econbiz.de/10014025346