IDEAS home Printed from https://ideas.repec.org/a/oup/oxecpp/v42y1990i1p91-104.html
   My bibliography  Save this article

The Equity-Efficiency Trade-Off: Breit Reconsidered

Author

Listed:
  • Lambert, Peter J

Abstract

A simple labor supply model with Cobb-Douglas preferences, lognormally distributed wage rates, and dual-rate negative income taxation is used to reexamine W. Breit's (1974) illustration of how society's chosen combination of inequality and output can be explained. This explanation is shown to be flawed. There are a number of implications for the design of a dual-rate negative income tax schedule. Copyright 1990 by Royal Economic Society.

Suggested Citation

  • Lambert, Peter J, 1990. "The Equity-Efficiency Trade-Off: Breit Reconsidered," Oxford Economic Papers, Oxford University Press, vol. 42(1), pages 91-104, January.
    • Handle: RePEc:oup:oxecpp:v:42:y:1990:i:1:p:91-104
    as

    Download full text from publisher

    File URL: http://links.jstor.org/sici?sici=0030-7653%28199001%292%3A42%3A1%3C91%3ATETBR%3E2.0.CO%3B2-Y&origin=bc
    File Function: full text
    Download Restriction: Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Terry O'Shaughnessy, 2000. "The Taxing Issue of Queues," Economics Series Working Papers 18, University of Oxford, Department of Economics.
    2. Alari Paulus, 2016. "The antipoverty performance of universal and means-tested benefits with costly take-up," ImPRovE Working Papers 16/12, Herman Deleeck Centre for Social Policy, University of Antwerp.
    3. Khalil Ahmad & Safdar Ali & Ayesha Haider & Muhammad Shahid & Muhammad Mudassar Naushahi, 2021. "Fiscal Implications for Rural-Urban Income Inequality: The Case of Pakistan," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 246-259.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:oxecpp:v:42:y:1990:i:1:p:91-104. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/oep .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.