Income Redistribution: An International Perspective
AbstractMany view global income inequality as a problem. Income redistribution from the rich countries to poor countries is often offered as a solution. However, such redistribution would have to be politically acceptable to voters in rich countries to occur. Using a constructed distribution of world income, the authors show that even modest income redistribution efforts would impose significant costs on taxpayer-voters in rich countries. They conclude such income redistribution is unlikely. Copyright 1996 by Kluwer Academic Publishers
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Bibliographic InfoArticle provided by Springer in its journal Public Choice.
Volume (Year): 89 (1996)
Issue (Month): 3-4 (December)
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Web page: http://www.springerlink.com/link.asp?id=100332
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- Yunker, James A., 2004. "Could a Global Marshall Plan be Successful? An Investigation Using The WEEP Simulation Model," World Development, Elsevier, vol. 32(7), pages 1109-1137, July.
- Yunker, James A., 2006. "Swords into plowshares: Financing a world economic equalization program," Journal of Policy Modeling, Elsevier, vol. 28(5), pages 563-593, July.
- John B. Horowitz, 2002. "Why Higher Real Wages May Reduce Altruism for the Poor," Eastern Economic Journal, Eastern Economic Association, vol. 28(3), pages 351-362, Summer.
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