Bibi, Sami; Duclos, Jean-Yves; Araar, Abdelkrim - Institute for the Study of Labor (IZA) - 2011
Income mobility is often thought to equalize permanent incomes and thereby to improve social welfare. The welfare … we use. Globally, the net social welfare effect of both mobility and taxation is (almost always) positive and substantial … net effect of mobility on inequality and social welfare. …