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Redistribution of income: an approach

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  • Louis Bernard Tchekoumi

Abstract

The purpose of this research paper is to formulate a model for income redistribution. It assumes that theoretical models of income distribution have shortcomings. These are related to failure of non-consideration of a certain number of variables including: the random risks, non-monetary income, integration ability, individual characteristics and information among others. The progressive consideration of these variables would enable the formulation of a dynamic and analytically applicable model especially in countries plagued with poverty and social exclusion.

Suggested Citation

  • Louis Bernard Tchekoumi, 2015. "Redistribution of income: an approach," African Journal of Economic and Sustainable Development, Inderscience Enterprises Ltd, vol. 4(2), pages 174-187.
  • Handle: RePEc:ids:ajesde:v:4:y:2015:i:2:p:174-187
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