Voting for Equity : Estimating Society ' S Preferences toward Inequality ¤

  title={Voting for Equity : Estimating Society ' S Preferences toward Inequality ¤},
  author={Jay S. Coggins and Federico Perali},
Incorporating equity considerations in comparisons of economic policies is always challenging. This paper uses a social welfare function, a la Jorgenson and Slesnick, incorporating both e±ciency and equity to estimate society's preferences toward inequality. The function is based upon a demographically modi ̄ed demand system that delivers an interpersonally comparable measure of individual welfare that aggregates exactly in a social welfare function. Our innovation is the development of a… CONTINUE READING


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