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This paper discusses a research agenda that arises from unanswered questions and unresolved issues considered in the World Bank's World Development Report 2006: Equity and Development. After formalizing the key concepts of equity; equality of opportunity; and efficiency, and proposing a...
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This paper departs from John Roemer's theory of equality of opportunities. We seek to determine what part of observed outcome inequality may be attributed to differences in observed 'circumstances', including family background, and what part is due to 'personal efforts'. We use a...
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The authors depart from John Roemer's theory of equality of opportunities. They seek to determine what part of observed outcome inequality may be attributed to differences in observed "circumstances," including family background, and what part is due to "personal efforts." The authors use a...
Persistent link: https://www.econbiz.de/10012573834
Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be associated with faster economic growth, other kinds, arising from unequal opportunities for investment, might be detrimental to economic progress. This study uses two new metadata...
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