Article (Scientific journals)
Optimal redistribution with unobservable disability:Welfarist versus non-welfarist social objectives
Racionero, María; Pestieau, Pierre
2009In European Economic Review, (53), p. 636-644
Peer Reviewed verified by ORBi
 

Files


Full Text
Optimal redistribution with unobservable disabilityWelfarist versus.pdf
Publisher postprint (352.98 kB)
Request a copy

All documents in ORBi are protected by a user license.

Send to



Details



Keywords :
Optimal non-linear taxation; Quasi-linear preferences; Asymmetric information; Responsibility
Abstract :
[en] This paper examines the optimal non-linear income and commodity tax when the same labor disutility can receive two alternative interpretations, taste for leisure or disability, but the disability is not readily observable. We compare the optimal policy under alternative social objectives, welfarist and non-welfarist, and conclude that the nonwelfarist objective, in which the planner gives a higher weight to the disutility of labor of the disabled individuals, is the only reasonable specification. It has some foundation in the theory of responsibility; further, unlike the other specifications it yields an optimal solution that may involve a lower labor supply requirement from disabled individuals
Research center :
CREPP - Centre de Recherche en Économie Publique et de la Population - ULiège
Disciplines :
Economic systems & public economics
Author, co-author :
Racionero, María;  School of Economics, Australian National University
Pestieau, Pierre  ;  Université de Liège - ULiège > HEC-Ecole de gestion > HEC-Ecole de gestion
Language :
English
Title :
Optimal redistribution with unobservable disability:Welfarist versus non-welfarist social objectives
Publication date :
2009
Journal title :
European Economic Review
ISSN :
0014-2921
eISSN :
1873-572X
Publisher :
Elsevier Science, Amsterdam, Netherlands
Issue :
53
Pages :
636-644
Peer reviewed :
Peer Reviewed verified by ORBi
Available on ORBi :
since 21 April 2010

Statistics


Number of views
47 (2 by ULiège)
Number of downloads
1 (1 by ULiège)

Scopus citations®
 
3
Scopus citations®
without self-citations
3
OpenCitations
 
4

Bibliography


Similar publications



Contact ORBi