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  • 标题:Inequality, Welfare and Monotonicity
  • 本地全文:下载
  • 作者:Yoram Amiel ; Frank A Cowell
  • 期刊名称:Japanese Studies Programme Papers
  • 出版年度:1997
  • 出版社:Suntory Toyota International Centres for Economics and Related Disciplines
  • 摘要:We stablish a general relationship between the standard form of the individualistic social-welfare function and the "reduced-form" version that is expressed in terms of inequality and mean income. This shows the relationship between the property of monotonicity and the slope of the equity-efficient trade-off. Particularly simple results are available for a large class of inequality measures that includes the Gini. These results do not require differentiability of the social-welfare function
  • 关键词:Inequality; social welfare; monotonicity
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