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Brennan and Walsh Reconsidered (Mutt and Jeff Ride Again)

Author

Listed:
  • Harold M. Hochman

    (The Urban Institute)

  • James D. Rodgers

    (Pennsylvania State University)

Abstract

Geoffrey Brennan and Cliff Walsh contrast the different transfer patterns of Pareto-optimal redistribution of income resulting from our model (American Economic Review, 1969) and from the model used by von Furstenberg and Mueller (FM). They attempt to show that our model is inconsistent and that, when corrected, would produce a similar transfer pattern to that of FM. We argue that our paper was more general than they allege and that the differences between the transfer patterns in our model and that of FM reflect differences in the concept of horizontal equity and assumptions about utility interdependence, and not any inconsistency on our part.

Suggested Citation

  • Harold M. Hochman & James D. Rodgers, 1973. "Brennan and Walsh Reconsidered (Mutt and Jeff Ride Again)," Public Finance Review, , vol. 1(4), pages 359-371, October.
    • Handle: RePEc:sae:pubfin:v:1:y:1973:i:4:p:359-371
    DOI: 10.1177/109114217300100401
    as

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    References listed on IDEAS

    as
    1. Musgrave, Richard A, 1970. "Pareto Optimal Redistribution: Comment," American Economic Review, American Economic Association, vol. 60(5), pages 991-993, December.
    2. von Furstenberg, George M & Mueller, Dennis C, 1971. "The Pareto Optimal Approach to Income Redistribution: A Fiscal Application," American Economic Review, American Economic Association, vol. 61(4), pages 628-637, September.
    3. Goldfarb, Robert S, 1970. "Pareto Optimal Redistribution: Comment," American Economic Review, American Economic Association, vol. 60(5), pages 994-996, December.
    4. Zeckhauser, Richard J, 1971. "Optimal Mechanisms for Income Transfer," American Economic Review, American Economic Association, vol. 61(3), pages 324-334, June.
    5. Hochman, Harold M & Rodgers, James D, 1969. "Pareto Optimal Redistribution," American Economic Review, American Economic Association, vol. 59(4), pages 542-557, Part I Se.
    Full references (including those not matched with items on IDEAS)

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