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Year: 2009 Publisher: Cambridge, Mass National Bureau of Economic Research
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Ideas about what is "fair" above and beyond the individual's position in the income ladder influence preferences for redistribution. We study the dynamic evolution of different economies in which redistributive policies, perceptions of fairness, inequality and growth are jointly determined. We show how including fairness explains various observed correlations between inequality, redistribution and growth. We also show how different beliefs about fairness can keep two otherwise identical countries in different development paths for a very long time.
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Year: 2006 Publisher: London Centre For Economic Policy Research, Industrial Organization. Discussion Paper Nr.5774. August 2006
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Year: 2004 Publisher: Louvain-la-Neuve Université catholique de Louvain. Center for Operations Research & Econometrics
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Year: 2009 Publisher: Cambridge, Mass. National Bureau of Economic Research
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Ideas about what is "fair" above and beyond the individual's position in the income ladder influence preferences for redistribution. We study the dynamic evolution of different economies in which redistributive policies, perceptions of fairness, inequality and growth are jointly determined. We show how including fairness explains various observed correlations between inequality, redistribution and growth. We also show how different beliefs about fairness can keep two otherwise identical countries in different development paths for a very long time.
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