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This paper reviews some of the central issues that arise in thinking about the motives for, politics of, constraints on and measurement of, redistribution. Amongst the themes are: the potential usefulness of apparently inefficient policy instruments in overcoming the self-selection constraints...
Persistent link: https://www.econbiz.de/10014024197
The paper seeks to integrate the theoretical developments in the field of imperfect competition and monopoly, and operation of the firm in such conditions, with the theories of income distribution, particularly among the macroeconomic aggregates of capital and labor. And formulating a working...
Persistent link: https://www.econbiz.de/10011114400
French retirees benefit from specific taxation decreases. These tax exemptions imply considerable public tax expenditures that may be unjustifiable in terms of equity. In this article, we examine the adequacy of tax arrangements for French retirees in the current context of public pension...
Persistent link: https://www.econbiz.de/10009321772
This paper has two main goals. The first is to complement the Argentine mean income series with inequality estimates in order to obtain aggregate welfare series. Average income figures are estimated from National Accounts while income inequality indices are calculated from the Permanent...
Persistent link: https://www.econbiz.de/10008776982
Although the Atkinson Inequality Index is widely used, this paper is the first attempt to empirically estimate the parameter on which that index is based. Forty-five years US income distribution and consumer confidence surveys allow one to estimate this Atkinson parameter of inequality aversion....
Persistent link: https://www.econbiz.de/10014182991
This working paper: (i) provides an overview of global, regional and national income inequalities based on the latest distribution data from the World Bank, UNU-WIDER and Eurostat; (ii) discusses the negative implications of rising income inequality for development; (iii) calls for placing...
Persistent link: https://www.econbiz.de/10014043671
Government redistribution is increasingly important in today's world. The effect of income distribution on industrialization and growth, and the causes of income redistribution have been studied in the contemporary literature. The normative significance of income redistribution, however, which...
Persistent link: https://www.econbiz.de/10014113664
By showing that increases in the sum of aggregate income and aggregate Marshallian consumer surplus represent potential Pareto improvement, this paper builds a theoretical ground for using aggregate Marshallian consumer surplus as a social welfare indicator. The optimal income distribution that...
Persistent link: https://www.econbiz.de/10014119133
The debate on inequality determinants has mostly focused on economic factors. Yet there is no consensus in the literature on the underlying causes of income inequality. However, an increasing number of scholars argue that income inequality is related to institutional and cultural factors, as...
Persistent link: https://www.econbiz.de/10013005964
In the present paper through an empirical analysis it will be pointed out that e-shopping improves income distribution, while economic and financial crisis worsen it. Data are taken from Eurostat. The elaboration of these panel data is made feasible by means of the Eviews software package
Persistent link: https://www.econbiz.de/10013027020