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How should international aid be distributed? The most common view is according to some utilitarian formula: in order to maximize the average growth rate of aid recipients or the growth rate of income of the class of recipient countries. Recently, the World Bank [7] has published a study...
Persistent link: https://www.econbiz.de/10011940979
The central result of this paper establishes an isomorphism between two types of mathematical structures: ""ternary preorders"" and ""convex topologies."" The former are characterized by reflexivity, symmetry and transitivity conditions, and can be interpreted geometrically as ordered...
Persistent link: https://www.econbiz.de/10011940943
The case for progressive income taxation is often based on the classic result of Jakobsson, 1976 and Fellman, 1976, according to which progressive and only progressive income taxes - in the sense of increasing average tax rates on income - ensure a reduction in income inequality. This result has...
Persistent link: https://www.econbiz.de/10012010019
Carbonell-Nicolau and Llavador (forthcoming) extend the classic result of Jakobsson (1976) and Fellman (1976) - according to which average-rate progressive, and only average-rate progressive income taxes, reduce income inequality - to the case of endogenous income. There it is shown that...
Persistent link: https://www.econbiz.de/10012028608
The CNN exit polls after the 2004 election rated 'moral values' the most important issue; next came 'jobs and the economy.' Eighty percent of the voters who rated moral values the most important issue voted for Bush while eighty percent of the voters who rated jobs and the economy the most...
Persistent link: https://www.econbiz.de/10010456999
We report here a summary of our recent research on the effect that the race issue, in the United States, and the immigration issue in European countries, is having on the degree of redistribution and the size of the public sector that is implemented through political competition. We model...
Persistent link: https://www.econbiz.de/10010457010
Many studies have estimated the effect of circumstances on income acquisition. Perhaps surprisingly, the fraction of inequality attributable to circumstances is usually quite small - in the advanced democracies, on the order of 20%. One reason for this is the lack of data on circumstance...
Persistent link: https://www.econbiz.de/10011412520
Why did socialists win elections in some countries in Europe, and fascists in others, during the interwar period? Many political historians have viewed ''distributive class politics'' as the appropriate characterization of this period and place, but heretofore, formal politico-economic analysis...
Persistent link: https://www.econbiz.de/10011940961
We analyze the reallocations of educational expenditures required to equalize opportunities, according to the theory of Roemer (1998). Using the NLSYM data set, we find that implementing an equal-opportunity policy across men of different races, by using educational finance as the instrument,...
Persistent link: https://www.econbiz.de/10011940977
Egalitarian theorists, since Rawls, have in the main advocated equalizing some objective standard of individual well-being, such as primary goods, functioning, or resources, rather than subjective welfare. This discussion, however, has assumed, implicitly, a static environment, with a single or...
Persistent link: https://www.econbiz.de/10011940978