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 null society property, weak differential monotonicity essentially 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: | Working Paper |
|---|---|
| Language: | English |
| Author: | Koji Yokote, André Casajus |
| Chairs and Professorships: | Chair of Economics and Information Systems |
| Parent Title (English): | HHL Working paper |
| Series (Serial Number): | HHL-Arbeitspapier / HHL Working paper (157) |
| Place of publication: | Leipzig |
| Publisher: | HHL Leipzig Graduate School of Management |
| Year of Completion: | 2016 |
| Page Number: | 9 |
| Tag: | Basic income; Differential monotonicity; Flat tax; Redistribution; Weak differential monotonicity |
| Licence (German): |  Urheberrechtlich geschützt |