Living Standard, Social Welfare, and the Redistribution of Income in a Heterogeneous Population
AbstractThe paper considers the redistribution of income in a population of households which may differ by type. The redistribution is based on (differences in) living standard and a principle of between-type-progressive transfers (BTPT). We characterize the relationship between a social welfare ordering satisfying the BTPT principle and the concept of living standard the principle is based on. It turns out that there is a close link: The ordering of living standard can be derived from the social welfare ordering. Conversely, the class of welfare orderings fulfilling the BTPT principle for a given concept of living standard can be completely described. Copyright � 2008 Wiley Periodicals, Inc..
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Bibliographic InfoArticle provided by Association for Public Economic Theory in its journal Journal of Public Economic Theory.
Volume (Year): 10 (2008)
Issue (Month): 5 (October)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=1097-3923
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- N. GRAVEL & Patrick MOYES (GREThA UMR CNRS 5113), 2008. "Bidimensional Inequalities with an Ordinal Variable," Cahiers du GREThA, Groupe de Recherche en Economie ThÃ©orique et AppliquÃ©e 2008-14, Groupe de Recherche en Economie Théorique et Appliquée.
- repec:old:wpaper:331 is not listed on IDEAS
- Udo Ebert, 2011. "The redistribution of income when needs differ," Working Papers, University of Oldenburg, Department of Economics V-331-11, University of Oldenburg, Department of Economics, revised Feb 2011.
- Udo Ebert, 2010. "Dominance criteria for welfare comparisons: using equivalent income to describe differences in needs," Theory and Decision, Springer, Springer, vol. 69(1), pages 55-67, July.
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