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Should Income Inequality be Praised? Multiple Public Goods Provision, Income Distribution and Social Welfare

机译:收入收入应该受到赞扬吗?多种公共物品供给,收入分配和社会福利

摘要

We investigate how income inequality affects social welfare in a model of voluntary contributions to multiple pure public goods. Itaya, de Meza, and Myles (1997) show that the maximization of social welfare precludes income equality in a single pure public good model. In contrast, we show that the result of Itaya et al. may not be valid in a case of multiple voluntarily supplied public goods; specifically, we show that not only an income inequality-raising redistribution policy but also an income-equalizing one may raise social welfare. We also show that if altruistically motivated voluntary transfers are allowed, an inequality-raising redistribution policy is no longer effective and leaves social welfare unchanged.
机译:我们通过对多种纯公共产品的自愿捐款模型研究收入不平等如何影响社会福利。 Itaya,de Meza和Myles(1997)指出,在单一的纯公共物品模型中,社会福利的最大化妨碍了收入平等。相反,我们表明Itaya等人的结果。在有多种自愿提供的公共物品的情况下可能无效;具体而言,我们表明,不仅收入增加不均的重新分配政策而且收入均等的政策都可能提高社会福利。我们还表明,如果允许出于利他动机的自愿转移,则不平等加剧的再分配政策将不再有效,社会福利也将保持不变。

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