Differentially monotonic redistribution of income
- We suggest a differential version of monotonicity for redistribution rules: whenever the differential of two persons' income weakly increases, then the differential of their post-redistribution rewards does not decrease. Together with efficiency and non-negativity, differential monotonicity characterizes redistribution via taxation at a fi xed rate and equal distribution of the total tax revenue.
Document Type: | Working Paper |
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Language: | English |
Author: | André CasajusORCiD |
Chairs and Professorships: | Chair of Economics and Information Systems |
Year of Completion: | 2015 |
Note: | HHL Working Paper 146. Leipzig: HHL Leipzig Graduate School of Management, 2015 |