Reallocations of Income between Heterogeneous Units
53 Pages Posted: 27 Mar 2003
Date Written: August 2002
This paper extends the standard redistribution axioms to the case where the income units differ for example by size, deserve or need. It is essentially based on a generalization of Muirhead's Lemma. The standard case where all units are alike falls off as a particular case.
Keywords: income inequality, equivalence scales, Muirhead's Lemma, majorization, stochastic dominance, assignment problem
JEL Classification: D31, D63, D64
Suggested Citation: Suggested Citation
Thon, Dominique and Wallace, Stein W., Reallocations of Income between Heterogeneous Units (August 2002). Available at SSRN: https://ssrn.com/abstract=391001 or http://dx.doi.org/10.2139/ssrn.391001
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