Revealed Social Preferences for Equality and Growth

David Kiefer () and Shahrukh Rafi Khan
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David Kiefer: University of Utah
Shahrukh Rafi Khan: Mount Holyoke College

Journal of Income Distribution, 2008, vol. 17, issue 1, 21-33

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.

Keywords: growth; inequality; social welfare (search for similar items in EconPapers)
JEL-codes: O10 O15 O50 (search for similar items in EconPapers)
Date: 2008
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