Interdependent welfare functions and optimal income distribution
Interdependent welfare functions and optimal income distribution
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相互依赖的福利函数和最优收入分配
DOI:
10.1016/0047-2727(80)90034-1
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发表时间:
1980
期刊:
影响因子:
--
通讯作者:
F. V. Herwaarden
中科院分区:
文献类型:
--
作者:
A. Kapteyn;F. V. Herwaarden
The relationship between income distribution and social welfare is empirically analyzed, while explicitly allowing for the interdependence of individual welfare functions. The social welfare function is taken to be an additive function of individual welfare functions of income (WFIs). On the basis of Dutch data it is found that under certain conditions (such as absence of effects of income redistribution on productivity) an equal distribution of incomes is suboptimal. The interdependence of WFIs appears to have a pronounced effect on policy conclusions concerning the desirability of income redistributionvis-à-viseconomic growth.