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 |
|---|---|
| Language: | English |
| Author: | André CasajusORCiD |
| 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 |