Transfer principles and inequality aversion, with an application to optimal growth

Marc Fleurbaey, Philippe Michel

Research output: Contribution to journalArticle

27 Scopus citations

Abstract

In this note, we study two principles of proportional transfers which are more egalitarian than the Pigou-Dalton principle of transfer, and derive the constraints that such principles impose on an additive social welfare function in a general setting and on the optimal growth path in an intertemporal setting.

Original languageEnglish (US)
Pages (from-to)1-11
Number of pages11
JournalMathematical social sciences
Volume42
Issue number1
DOIs
StatePublished - Jul 1 2001
Externally publishedYes

All Science Journal Classification (ASJC) codes

  • Sociology and Political Science
  • Social Sciences(all)
  • Psychology(all)
  • Statistics, Probability and Uncertainty

Keywords

  • D31
  • D63
  • D90
  • Inequality aversion
  • Principle of transfer

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