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ON EQUITY ASPECTS OF IMPERFECT INCOME REDISTRIBUTION
Author(s) -
Duclos JeanYves
Publication year - 1995
Publication title -
review of income and wealth
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.024
H-Index - 57
eISSN - 1475-4991
pISSN - 0034-6586
DOI - 10.1111/j.1475-4991.1995.tb00107.x
Subject(s) - economics , imperfect , equity (law) , redistribution (election) , redistribution of income and wealth , income distribution , labour economics , intergenerational equity , public economics , inequality , microeconomics , political science , public good , mathematics , mathematical analysis , ecology , philosophy , linguistics , politics , sustainability , law , biology
We develop a theoretical analysis of the impact of imperfect targeting, participation costs and incomplete take‐up upon the level of progressivity, vertical equity, horizontal inequity and redistribution exerted by state benefits. An illustration using the distribution of British Supplementary Benefits (now Income Support) indicates that progressivity is roughly untouched, vertical equity and horizontal inequity are increased, and total income redistribution is slightly increased by these redistributive imperfections in 1985 Britain.