Publication: Laissez-faire or full redistribution?
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Martínez, Ricardo
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Abstract
We explore the implications of three basic and intuitive axioms for income redistribution problems: equal treatment of equals, additivity and stability. We show that the combination of the three axioms characterizes two focal and polar rules: laissez-faire and full redistribution.
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Identificador de proyecto: PID2020-115011GB-I00, funded by MCIN/AEI/10.13039/501100011033; PID2020-114309GB-I00 (funded by MCIN/AEI/10.13039/501100011033); Junta de Andalucía through grants P18-FR- 2933 and A-SEJ-14-UGR20.
Bibliographic reference
Economics Letters 218 (2022), 110756