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This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...
Persistent link: https://www.econbiz.de/10014023678
This article proposes three new decompositions of inequality measures, drawn from the framework of cooperative game theory which allows to take into consideration players’ interactions impact rather than players’ contributions to inequality. These innovative approaches are especially suited...
Persistent link: https://www.econbiz.de/10013250337
Persistent link: https://www.econbiz.de/10013133086
Additive decomposability is an interesting feature of inequality indices which, however, is not always fulfilled; solutions to overcome such an issue have been given by Deutsch and Silber (2007) and by Di Maio and Landoni (2017). In this paper, we apply these methods, based on the “Shapley...
Persistent link: https://www.econbiz.de/10011823313
This paper is an application of a new Shapley income decomposition methodology, in which we isolate two subjective factors in income differences - race and gender - that contribute to income inequality within the population of blacks and whites in the United States over the period 2005-2017. We...
Persistent link: https://www.econbiz.de/10012842039
This paper is an application of a new Shapley income decomposition methodology, in which we isolate two subjective factors in income differences - race and gender - that contribute to income inequality within the population of blacks and whites in the United States over the period 2005-2017. We...
Persistent link: https://www.econbiz.de/10012169318
Persistent link: https://www.econbiz.de/10014215875
The Lorenz curve and Gini coefficient are applied here to measure and graph disproportionality in outcomes for multiseat elections held in 2017. The discussion compares Proportional Representation (PR) in Holland (PR Gini 3.6%) with District Representation (DR) in France (41.6%), UK (15.6%) and...
Persistent link: https://www.econbiz.de/10012951171
In a classic result, Jakobsson (1976) and Fellman (1976) showed that average-rate progressive, and only average-rate progressive, income taxes reduce income inequality. Carbonell-Nicolau and Llavador (2018) extended this result to the case of endogenous income, showing that marginal-rate...
Persistent link: https://www.econbiz.de/10012920657
This chapter examines the role of altruistic motives in the economic analysis of public social transfers, both from a positive and from a normative point of view. The positive question is to know whether we can fully neglect altruistic considerations to explain the development or sustainability...
Persistent link: https://www.econbiz.de/10014023654