Inequality and Club Formation
Fernando Jaramillo (),
Hubert Kempf () and
Fabien Moizeau
Papiers d'Economie Mathématique et Applications from Université Panthéon-Sorbonne (Paris 1)
Abstract:
We study the relationship between social segmentation and income inequality by means of the economic theory of clubs with private provision of the club good. After having characterized the equilibrium partition of society in clubs and investigating its characteristics, we show how the clubs' sizes depend on the rate of income increase and compare segmentation profiles arising in societies characterized by different inequality patterns.
Keywords: INCOME; ECONOMIC THEORY; INEQUALITY (search for similar items in EconPapers)
JEL-codes: D3 D71 H40 H41 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2000
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Journal Article: Inequality and club formation (2003) 
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Persistent link: https://EconPapers.repec.org/RePEc:fth:pariem:2000.36
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