Revealed (or Imposed) Social Preferences for Equality and Growth
Using the Kuznets' inverted-U-shaped association as a structural constraint, we model the social tradeoff between changing inequality and changing income. Observed outcomes are thought of as attempts to find a constrained political-economic optimum. This model implies estimates of the parameters of a social welfare function. Our results suggest that the world is becoming an anti-egalitarian place. An extension of the model links this finding to religious heritage, exchange rate instability, and, surprisingly, to increased gender equality.
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|Date of creation:||2003|
|Publication status:||Published in Journal of Income Distribution, March 2008, 17(1), pp.21-33.|
|Contact details of provider:|| Postal: 1645 E. Central Campus Dr. Front, Salt Lake City, UT 84112-9300|
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Web page: http://economics.utah.edu
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- repec:dau:papers:123456789/10091 is not listed on IDEAS
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- Anand, Sudhir & Kanbur, S. M. R., 1993. "The Kuznets process and the inequality--development relationship," Journal of Development Economics, Elsevier, vol. 40(1), pages 25-52, February.
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