Preferences for redistribution and inequality in well-being across Europe
AbstractThe paper provides measures of inequality in individual well-being by using a normative multidimensional approach. A distinctive contribution of the study is to consider heterogeneous inequality aversion parameters, estimated on the basis of country-specific tax structures. The empirical analysis is carried out for 26 European countries and focuses on three crucial dimensions of individual well-being: income, health and education. Results highlight how this approach provides a flexible and transparent analytical tool which allows explicitly accounting for social preferences about inequality tolerability and well-being dimensions in the design and assessment of redistributive policies.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of Policy Modeling.
Volume (Year): 32 (2010)
Issue (Month): 2 (March)
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Web page: http://www.elsevier.com/locate/inca/505735
Multidimensional inequality measurement Preferences for redistribution Well-being;
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