Showing 1 - 10 of 14
Persistent link: https://www.econbiz.de/10010190212
We provide a characterization of the generalised satisfaction - in our terminology nondeprivation - quasi-ordering introduced by S.R. Chakravarty (Keio Economic Studies 34 (1997), 17-32) for making welfare comparisons based on the absence of deprivation. We show that the non-deprivation...
Persistent link: https://www.econbiz.de/10010335534
The distribution of gross income net of taxes and transfers - or equivalenty consumption - is generally considered a reasonable approximation of the distribution of well-being in the society. One typically observes differing trends in the distribution of gross incomes across countries or within...
Persistent link: https://www.econbiz.de/10010435661
When incomes are exogenously given, a progressive tax structure reduces inequality in the sense that the Lorenz curve of after tax incomes is nowhere below that of before tax incomes whatever the circumstances as it was shown by U. Jakobsson (Journal of Public Economics 5 (1976), 161-168) The...
Persistent link: https://www.econbiz.de/10005476204
This paper establishes an equivalence between three incomplete rankings of distributions of an ordinally measurable attribute. The first ranking is that associated with the possibility of going from distribution to the other by a finite sequence of two elementary operations: increments of the...
Persistent link: https://www.econbiz.de/10011076202
The generalised Lorenz criterion is widely used for making welfare comparisons within and across countries on the basis of their income distributions. Experimental studies have challenged this way of proceeding by showing that the principle of transfers, which underlies the generalised Lorenz...
Persistent link: https://www.econbiz.de/10010572266
We show that it is possible to reconcile the utilitarian and welfarist principles under the requirement of unanimity provided that the set of profiles over which the consensus is attained is rich enough. More precisely, we identify a closedness condition which, if satisfied by a class of...
Persistent link: https://www.econbiz.de/10009325716
The generalised Lorenz criterion is widely used for making welfare comparisons within and across countries on the basis of their income distributions. Experimental studies have challenged this way of proceeding by showing that the principle of transfers, which underlies the generalised Lorenz...
Persistent link: https://www.econbiz.de/10009416906
Distributive analysis typically involves comparisons of distributions where individuals differ in more than just one attribute. In the particular case where there are two attributes and where the distribution of one of these two attributes is fixed, one can appeal to sequential rank order...
Persistent link: https://www.econbiz.de/10010682591
Distributive analysis typically involves comparisons of distributions where individuals differ in more than just one attribute. In the particular case where there are two attributes and where the distribution of one of these two attributes is fixed, one can appeal to sequential rank order...
Persistent link: https://www.econbiz.de/10010628223