Weak differential monotonicity, flat tax, and basic income
- We suggest a weak version of differential monotonicity for redistribution rules: whenever the differential of two persons' income weakly increases, then their post-redistribution rewards essentially change in the same direction. Together with efficiency, non-negativity, and the average property, weak differential monotonicity characterizes redistribution via taxation at a fixed rate and equal distribution of the total tax revenue, i.e., a flat tax and a basic income.
| Document Type: | Article |
|---|---|
| Language: | English |
| Author: | Koji Yokote, André Casajus |
| Chairs and Professorships: | Chair of Economics and Information Systems |
| DOI: | https://doi.org/10.1016/j.econlet.2016.12.011 |
| Parent Title (English): | Economics Letters |
| ISSN: | 0165-1765 |
| Volume: | 151 |
| Year of Completion: | 2017 |
| First Page: | 100 |
| Last Page: | 103 |
| Tag: | Basic income; Differential monotonicity; Flat tax; Redistribution; Weak differential monotonicity |
| Content Focus: | Academic Audience |
| Peer Reviewed: | Yes |
| Rankings: | AJG Ranking / 3 |
| VHB Ranking / B | |
| SJR Ranking / Q2 | |
| Sustainable Development Goals: | Reduced inequalities |
| Licence (German): |  Urheberrechtlich geschützt |