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Does Egalitarianism Have a Future?

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  • Giacomo Bonanno
  • John Roemer
  • Louis Putterman
  • Wen Hai
  • Shunli Yao

    (Department of Economics, University of California Davis)

Abstract

This paper surveys the evidence, theoretical and empirical, relating to the possibility of achieving more egalitarian distributions of income than are typical in modern societies. The first four parts of the paper (Introduction, Improving efficiency an equality, The ownership of firms, and Taxation) are mainly concerned with the probably extent of the equality-efficiency trade-off, where the instruments that could be used to effect an increase in equality are property rights in firms and taxation (personal income, profit, and wealth). The fifth part (The political economy of equality) discusses the political feasibility of effecting redistribution, and in particular, why redistribution has not been more dramatic in democracies.""

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Bibliographic Info

Paper provided by University of California, Davis, Department of Economics in its series Working Papers with number 969.

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Date of creation: 08 Jan 2003
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Handle: RePEc:cda:wpaper:96-9

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Cited by:
  1. Rafael Di Tella & Robert MacCulloch, 2007. "Why Doesn't Capitalism Flow to Poor Countries?," NBER Working Papers 13164, National Bureau of Economic Research, Inc.
  2. Frank Ackerman, . "00-01 "Still Dead After All These Years: Interpreting the Failure of General Equilibrium Theory."," GDAE Working Papers 00-01, GDAE, Tufts University.
  3. Valentino Dardanoni & Mario Fiorini & Antonio Forcina, 2012. "Stochastic monotonicity in intergenerational mobility tables," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 27(1), pages 85-107, 01.
  4. María A. García-Valiñas & Roberto Fernández Llera & Benno Torgler, 2008. "More Income Equality or Not? An Empirical Analysis of Individuals' Preferences for Redistribution," School of Economics and Finance Discussion Papers and Working Papers Series 226, School of Economics and Finance, Queensland University of Technology.
  5. Sahrbacher, Amanda, 2012. "Impacts of CAP reforms on farm structures and performance disparities: An agent-based approach," Studies on the Agricultural and Food Sector in Central and Eastern Europe, Leib­niz Institute of Agricultural Development in Central and Eastern Europe (IAMO), volume 65, number 65.
  6. Christophe Ehrhart, 2009. "The effects of inequality on growth: a survey of the theoretical and empirical literature," Working Papers 107, ECINEQ, Society for the Study of Economic Inequality.
  7. Stefan Baumgaertner & Stefanie Glotzbach & Nikolai Hoberg & Martin F. Quaas & Klara Stumpf, 2011. "Trade-offs between justices, economics, and efficiency," Working Paper Series in Economics 218, University of Lüneburg, Institute of Economics.
  8. Enrico Colombatto, 2011. "Is there a health-care problem in Western societies?," ICER Working Papers 14-2011, ICER - International Centre for Economic Research.
  9. Sergio Beraldo & Daniel Montolio Estivill & Gilberto Turati, 2005. "Healthy, Educated and Wealthy: Is the Welfare State Really Harmful for Growth?," Working Papers in Economics 127, Universitat de Barcelona. Espai de Recerca en Economia.
  10. Bassett, William F. & Burkett, John P. & Putterman, Louis, 1999. "Income distribution, government transfers, and the problem of unequal influence," European Journal of Political Economy, Elsevier, vol. 15(2), pages 207-228, June.
  11. Furubotn, Eirik G., 2001. "The new institutional economics and the theory of the firm," Journal of Economic Behavior & Organization, Elsevier, vol. 45(2), pages 133-153, June.
  12. Ruthanne Deutsch, 1998. "How Early Childhood Interventions Can Reduce Inequality: An Overview of Recent Findings," IDB Publications 50998, Inter-American Development Bank.
  13. Lee J. Alston & Joseph P. Ferrie, 2005. "Time on the Ladder: Career Mobility in Agriculture, 1890-1938," NBER Working Papers 11231, National Bureau of Economic Research, Inc.
  14. Jakee, Keith & Sun, Guang-Zhen, 2005. "External habit formation and dependency in the welfare state," European Journal of Political Economy, Elsevier, vol. 21(1), pages 83-98, March.
  15. Leif Danziger & Heinrich Ursprung, 2000. "Risk-Aversion and Social Mobility: The Impossibility of Order-Preserving Income Redistributions," CESifo Working Paper Series 321, CESifo Group Munich.
  16. Savoia, Antonio & Easaw, Joshy & McKay, Andrew, 2010. "Inequality, Democracy, and Institutions: A Critical Review of Recent Research," World Development, Elsevier, vol. 38(2), pages 142-154, February.
  17. Robin Winkler, 2013. "Did Nazis save more? Household saving and ideology in pre-war National Socialist Germany," Economics Series Working Papers 119, University of Oxford, Department of Economics.
  18. Josten, Stefan Dietrich & Truger, Achim, 2003. "The political economy of growth and distribution: A theoretical critique," WSI Discussion Papers 111, Wirtschafts- und Sozialwissenschaftliches Institut (WSI), Hans-Böckler-Stiftung.
  19. Beraldo, Sergio & Montolio, Daniel & Turati, Gilberto, 2009. "Healthy, educated and wealthy: A primer on the impact of public and private welfare expenditures on economic growth," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 38(6), pages 946-956, December.

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