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An Instrumental-Variables Approach to Income Redistribution

✍ Scribed by T. Nicolaus Tideman and R. Morris Coats

Book ID: 125281166
Publisher: Springer US
Year: 1987
Tongue: English
Weight: 627 KB
Volume: 52
Category: Article
ISSN: 0048-5829
DOI: 10.2307/30024713

No coin nor oath required. For personal study only.

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When individuals participate in the process that determines their own redistributive obligations and claims, biased outcomes can be expected. This bias can be substantially eliminated by partitioning the collectivity into groups that set one another's redistributive obligations in a cycle.

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