Revealed Social Preferences for Equality and Growth

  • David Kiefer
  • Shahrukh Rafi Khan

Abstract

Using 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.
Published
2008-03-03
Section
Articles