Intra- und intergenerative Gerechtigkeit in der Finanzpolitik
Christian Keuschnigg
No 1137, Economics Working Paper Series from University of St. Gallen, School of Economics and Political Science
Abstract:
A social market economy, together with corrective government activities, allows citizens to achieve the highest possible welfare with limited resources. Income and welfare, however, tend to be very unequally distributed in society. Most theories of justice call for some redistribution for a more equal distribution of welfare. Redistribution diminishes incentives of tax payers and welfare recipients and, thus, reduces aggregate welfare (efficiency). This article discusses how the conflict between efficiency and distributional justice within and between generations can be decided with the help of utilitarian welfare economics.
Keywords: Welfare; efficiency; distribution; generations (search for similar items in EconPapers)
JEL-codes: D63 H21 H55 H60 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2011-09
New Economics Papers: this item is included in nep-ger
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Persistent link: https://EconPapers.repec.org/RePEc:usg:econwp:2011:37
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