ENGLISH

Equity, Incentives, and Taxation

Book information

Publisher
Springer-Verlag Berlin Heidelberg
Year
1989
ISBN
978-3-540-51131-1, 978-3-642-46669-4
DOI
10.1007/978-3-642-46669-4
Language
english
Format
PDF
Filesize
5 MB (4769199 bytes)
Series
Lecture Notes in Economics and Mathematical Systems 329
Edition
1
Pages
132\141
Time added
2013-12-12 02:00:00

Description

Redistribution is one of the most fundamental issues in welfare economics. In connection with this term the following questions directly arise: What is a good redistribution ? Which (governmental) instruments should be used to attain it ? Is there a "best instrument" if several of them are available? Or, to express it more generally, which allocations are at all attainable if special instruments are at hand ? All these questions are formulated in an extremely vague way. It will be the task of the following work to make these questions precise and to give answers - as far as possible. It is a matter of course that these answers will not be exhaustive because redistribution is too wide a field. I have used the word "instrument" intentionally. In doing so, Iwanted to indicate that it is not necessary to restrict oneself to income - or commodity taxes as is common place in public finance when aiming at redistribution.

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