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Redistribution And Individual Characteristics

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Author Info
Iñigo Iturbe Ormaetxe () (Universidad de Alicante)

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Abstract

I study a model where personal income is a function of two different groups of individual characteristics, called "irrelevant" and "relevant" respectively. The distinction between these two groups is that society has taken the prior decision that the influence of traits from the first group needs to be moderated by any fair redistribution mechanism while differences in income due to traits from the second group must be preserved. I present two solutions that satisfy several intuitive properties of fairness and I use these properties to characterize both of them.

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File URL: http://www.ivie.es/downloads/docs/wpasad/wpasad-1995-19.pdf
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File Function: Fisrt version / Primera version, 1995
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Publisher Info
Paper provided by Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) in its series Working Papers. Serie AD with number 1995-19.

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Length: 24 pages
Date of creation: Sep 1995
Date of revision:
Publication status: Published by Ivie
Handle: RePEc:ivi:wpasad:1995-19

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Related research
Keywords: Redistribution mechanisms; compensation;

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  1. R.I. Luttens, 2006. "Minimal rights based solidarity," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 06/356, Ghent University, Faculty of Economics and Business Administration. [Downloadable!]
  2. Donal O'Neill & Olive Sweetman & Dirk van de gaer, 1999. "Equiality of Opportunity and Kernel Density Estimation: An Application to Intergenerational Mobility," Economics, Finance and Accounting Department Working Paper Series n950999, Department of Economics, Finance and Accounting, National University of Ireland - Maynooth. [Downloadable!]
  3. Vitorocco Peragine, . "Responsibility Compensation and Income Distribution," Discussion Papers 98/13, Department of Economics, University of York. [Downloadable!]
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