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Revealed Social Preferences for Equality and Growth

Author

Listed:
  • David Kiefer

    (University of Utah)

  • Shahrukh Rafi Khan

    (Mount Holyoke College)

Abstract

Using the Kuznets inverted-U-shaped association as a structural constraint, we model the social tradeoff between changing inequality and changing income. If observed outcomes for recent decades are taken as constrained political-economic optima, this model identifies the parameters of a social welfare function. Our cross-country regression results tentatively suggest that the world is becoming an anti-egalitarian place.

Suggested Citation

  • David Kiefer & Shahrukh Rafi Khan, 2008. "Revealed Social Preferences for Equality and Growth," Journal of Income Distribution, Ad libros publications inc., vol. 17(1), pages 21-33, March.
    • Handle: RePEc:jid:journl:y:2008:v:17:i:1:p:21-33
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    More about this item

    Keywords

    growth; inequality; social welfare;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O50 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - General

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