IDEAS home Printed from https://ideas.repec.org/p/ebg/heccah/1362.html
   My bibliography  Save this paper

Being up Front about Income Inequality

Author

Listed:
  • Hill, Brian

    (HEC Paris)

Abstract

This paper proposes universal provision of information about the income inequality involved in the creation of a good as a means of moderating income inequality. Existing evidence suggests that a section of the population would be willing to pay more for goods whose production involves less excessive income inequality. We show, on a simple model, that supplying inequality information to such a population under competitive markets will in general lead to a reduction in global income inequality. The effect will be stronger the more inequality averse the population. Moreover, the outcome will be socially efficient. Possibilities for (de-centralized) implementation are also discussed.

Suggested Citation

  • Hill, Brian, 2020. "Being up Front about Income Inequality," HEC Research Papers Series 1362, HEC Paris.
    • Handle: RePEc:ebg:heccah:1362
    DOI: 10.2139/ssrn.3515349
    as

    Download full text from publisher

    File URL: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3515349
    File Function: Full text
    Download Restriction: no
    File URL: https://libkey.io/10.2139/ssrn.3515349?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Income inequality; information provision; externalities; inequality aversion;
    All these keywords.

    JEL classification:

    • D30 - Microeconomics - - Distribution - - - General
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ebg:heccah:1362. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Antoine Haldemann (email available below). General contact details of provider: https://edirc.repec.org/data/hecpafr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.