The Distribution and Redistribution of Income: Third Edition
Provides an up-to-date synthesis of the many strands of distributional analysis used in the fields of social policy, welfare theory and public finance. Develops a consistent mathematical approach into a self-contained and unified treatment of the distribution and redistribution of income. Thoroughly updated edition of a well adopted textbook. Substantially enhanced by the inclusion of two new chapters on Poverty and Horizontal Inequity (unfairness in income taxes) - issues of popular interest in which there has been a great deal of recent theoretical research. A reference and resource work spanning several areas of economics not drawn together elsewhere.
The size distribution of income
Lorenz curves and welfare comparisons
Social welfare and inequality aversion
Abbreviated social welfare functions and inequality indices
The income tax
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analysis Atkinson index Atkinson theorem average chapter common poverty lines concentration curve criterion decomposition defined Describe disproportionality distribution F distribution function equivalence scale equivalent income exercise fiscal incidence flat tax Gini coefficient groups headcount ratio horizontal inequity household income level income tax schedule income units inequality aversion inequality-averse intermediate value theorem Jenkins Jensen's inequality Lambert lemma Lorenz curves cross Lorenz dominance LP-neutral Lx(p marginal utility mean income microdata money income normalized poverty gaps overall Pfähler PFGT poor population post-tax income post-tax living standards poverty indices poverty measures poverty threshold pre-tax income distribution progressive tax proof rank Rawlsian leximin redistributive effect regressive relative reranking result schedule t(x sequential Shorrocks theorem social evaluation function social welfare function strictly increasing subgroup Suits index tax liability tax system taxation tion transfer TRN(X TwN(x utility function U(x vertical
Page 287 - Atkinson and Bourguignon's dominance criteria: extended and applied to the measurement of poverty in France.
Page 286 - Measures of Relative Equality and Their Meaning in Terms of Social Welfare," Journal of Economic Theory, 18, 59-80. - (1980): "Ethical Indices for the Measurement of Poverty," Econometrica, 48, 10531062. (1984): "Ethical Social Index Numbers and the Measurement of Effective Tax/Benefit Progressivity," Canadian Journal of Economics, 17, 683-94.