The Distributional Impact of Public Goods Provision: A Veil of Ignorance Approach | Zendy

Thum Claudio | Zendy; Weichenrieder Alfons J. | Zendy

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The Distributional Impact of Public Goods Provision: A Veil of Ignorance Approach

Author(s) -

Thum Claudio,

Weichenrieder Alfons J.

Publication year - 2000

Publication title -

scandinavian journal of economics

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 1.725

H-Index - 64

eISSN - 1467-9442

pISSN - 0347-0520

DOI - 10.1111/1467-9442.00224

Subject(s) - redistribution (election) , veil of ignorance , ignorance , economics , public good , ex ante , public economics , redistribution of income and wealth , microeconomics , actuarial science , macroeconomics , law , political science , economic justice , politics

The “veil of ignorance” approach is used to consider the redistribution implied by different tax‐benefit systems. Assuming a (hypothetical) ex‐ante situation in which individuals lack any knowledge about their future income, redistribution from rich to poor can be seen as a form of insurance. Taking redistribution and insurance as synonymous, the analysis derives cases of redistributionally neutral systems of taxation and public good provision. JEL classification : H 23; D 30;, H 41

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