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 postredistribution rewards also weakly increases. Together with efficiency and non-negativity, differential monotonicity characterizes redistribution via taxation at a fixed rate and equal distribution of the total tax revenue.
Document Type: | Article |
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Language: | English |
Author: | André Casajus |
Chairs and Professorships: | Chair of Economics and Information Systems |
DOI: | https://doi.org/10.1016/j.econlet.2016.02.013 |
Year of Completion: | 2016 |
Note: | In: Economics Letters, 141 (2016) April, 112-115 |