Revealed Social Preferences for Equality and Growth
AbstractUsing the Kuznets inverted-U-shaped association as a structural constraint, we model the social tradeoff between changing inequality and changing income. If observed outcomes for recent decades are taken as constrained political-economic optima, this model identifies the parameters of a social welfare function. Our cross-country regression results tentatively suggest that the world is becoming an anti-egalitarian place.
How to Cite
Kiefer, D., & Khan, S. R. (2008). Revealed Social Preferences for Equality and Growth. Journal of Income Distribution®, 17(1), 21. https://doi.org/10.25071/1874-6322.15293