12 research outputs found
Stable Solutions to Homogeneous Difference-Differential Equations with Constant Coefficients: Analytical Instruments and an Application to Monetary Theory
A Dominance Criterion for Measuring Income Inequality from a Centrist View: The Case of Australia
New unit-consistent intermediate inequality indices
Income distribution, Intermediate inequality indices, Unit-consistency, Ray-invariance, D63,
A note on progressive taxation and inequality equivalence
We investigate the relationship between the notion of progressive taxation and inequality reduction under a general version of the concept of inequality equivalence. We consider a two parameter formalization of the concept of inequality equivalence that both includes as special cases the intermediate inequality equivalence and the unit-consistent inequality equivalence. Both criteria could range from relative to absolute inequality views as the parameters in the formulation change. For the unit-consistent inequality equivalence the condition of non-decreasing average tax rate is necessary and sufficient to guarantee the post-tax inequality reduction for all the inequality views in between the relative and the absolute
A Note on Progressive Taxation and Inequality Equivalence
We investigate the relationship between the notion of progressive taxation and inequality reduction under a general version of the concept of inequality equivalence. We consider a two-parameter formalization of the concept of inequality equivalence that both includes, as special cases, the intermediate inequality equivalence and the path-independent/unit-consistent inequality equivalence. Both criteria could range from relative to absolute inequality views as the parameters in the formulation change. For the path-independent/unit-consistent inequality equivalence the condition of nondecreasing average tax rate is necessary and sufficient to guarantee the inequality-reducing effect of taxation for all the inequality views in between the relative and the absolute