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Inequality and Redistribution

Author

Listed:
  • Moene, K.O.
  • Wallerstein, M.

Abstract

In this paper, we develop the implications of the view of welfare policies as publicly financed insurance policies that pay benefits relative to contributions in a redistributive manner. With the majority of voters having both redistributive and insurance motives for supporting welfare spending, the impact of inequality on voters' support for welfare depends on how benefits are targeted.

Suggested Citation

  • Moene, K.O. & Wallerstein, M., 1998. "Inequality and Redistribution," Memorandum 25/1998, Oslo University, Department of Economics.
  • Handle: RePEc:hhs:osloec:1998_025
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    More about this item

    Keywords

    SOCIAL WELFARE ; INCOME REDISTRIBUTION;

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies

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