期刊名称:HIER Discussion Paper Series / Harvard Institute of Economic Research
出版年度:2009
卷号:2009
出版社:Harvard Institute of Economic Research
摘要:Ideas about what is "fair" above and beyond the individuals' position in the income ladder determine preferences for redistribution. We study the dynamic evolution of different economies in which redistribution policies, perception of fairness, inequality and growth are jointly determined. We show how including fairness explains various observed relationship between inequality, redistribution and growth. We also show how different beliefs about fairness can keep two otherwise identical countries in different development paths for a very long time