What new theories, evidence, explanations, and policies have shaped our studies of income distribution in the 21st century? Editors Tony Atkinson and Francois Bourguignon assemble the expertise of leading authorities in this survey of substantive issues. In two volumes they address subjects that were not covered in Volume 1 (2000), such as education, health and experimental economics; and subjects that were covered but where there have been substantial new developments, such as the historical study of income inequality and globalization. Some chapters discuss future growth areas, such as inheritance, the links between inequality and macro-economics and finance, and the distributional implications of climate change. They also update empirical advances and major changes in the policy environment. The volumes define and organize key areas of income distribution studies Contributors focus on identifying newly developing questions and opportunities for future research The authoritative articles emphasize the ways that income mobility and inequality studies have recently gained greater political significanceA final word of caution. The happiness literature has looked at the effect of economic inequality on life satisfaction (see also Chapter 13). ... Both for the capability and for the equivalent income approach, inequality is a problem of justice, and justice remains ethically important, ... The route taken by most welfare economists to evaluate the multidimensional distribution of well-being consists of two steps.
|Title||:||Handbook of Income Distribution SET vols. 2A-2B|
|Author||:||Anthony B. Atkinson, Francois Bourguignon|
|Publisher||:||Elsevier - 2014-12-29|