A consistent multidimensional Pigou–Dalton transfer principle

The unidimensional Pigou–Dalton transfer principle demands that a regressive transfer in income—a transfer from worse-off (poor) to better-off (rich)—decreases social welfare. In a multidimensional setting the direct link between income (or any other attribute) and individual well-being is absent. W...

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Veröffentlicht in:	Journal of economic theory 2009-05, Vol.144 (3), p.1358-1371
Hauptverfasser:	Bosmans, Kristof, Lauwers, Luc, Ooghe, Erwin
Format:	Artikel
Sprache:	eng
Schlagworte:	Basic needs Budget dominance Economic models Economic theory Equivalence scale Happiness Income Income distribution Income inequality Inequality Majorization Multidimensional analysis Multidimensional inequality measurement Needs Pigou-Dalton principle Multidimensional inequality measurement Majorization Budget dominance Needs Equivalence scale Pigou–Dalton principle Regression analysis Social welfare Studies Transfer Welfare economics
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