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On Income and Utility Generalised Transfer Principles in a Welfarist-Paretian Separable Framework

Author

Listed:
  • Marc Dubois

    (LAMETA, Universite Montpellier I)

  • Stephane Mussard

    (CHROME, Universite de Nimes; GREDI, Universite de Sherbrooke; CEPS Luxembourg)

Abstract

The aim of the paper is to investigate the interplay between both transfer principles defined on incomes and utilities. For instance, a social planner who respects an income transfer principle of a given order is not necessarily incline to support the utility transfer principle of the corresponding order. Utility transfer principles are useful to characterize social planners' attitudes towards inequality but redistributive justice is often empirically assessed on income transfers, and as such it seems interesting to have an overview of different types of social planners who respect (or not) an income transfer principle. The main result of the paper is the determination of a generalised critical value that displays attitudes towards inequality which are necessary and sufficient for the respect of all income transfer principles up to any order. Our results give sufficient conditions to state stochastic dominance of income distributions as a factual moral statement.

Suggested Citation

  • Marc Dubois & Stephane Mussard, 2015. "On Income and Utility Generalised Transfer Principles in a Welfarist-Paretian Separable Framework," Cahiers de recherche 15-09, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.
    • Handle: RePEc:shr:wpaper:15-09
    as

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    File URL: http://gredi.recherche.usherbrooke.ca/wpapers/GREDI-1509.pdf
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Bell's polynomial; Inequality aversion; Prioritarianism; Transfer principles;
    All these keywords.

    JEL classification:

    • D3 - Microeconomics - - Distribution
    • D6 - Microeconomics - - Welfare Economics
    • H2 - Public Economics - - Taxation, Subsidies, and Revenue

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