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Social Welfare Orderings

A Life‐Cycle Perspective

Datos Bibliográficos

ID9727234
AutoresRamses H Abul Naga (University of Lausanne, autor de correspondencia)
Año2005
Volumen72
Número287
Páginas497-514
Fecha de publicación2005-08-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaEconomica (JOURNAL)
Identificadores de la revistaISSN: 0013-0427 • E-ISSN: 1468-0335
EditorialWiley (PUBLISHER • GB)
DOI10.1111/j.0013-0427.2005.00427.x
OpenAlexW2127324277
IdiomaEN
Citas recibidas1
Referencias citadas27

Life‐cycle theories emphasize the fact that consumption is allocated intertemporally, on the basis of a long‐term concept of resources that differs from household income. Because life‐cycle income is unobserved, the distribution of this variable cannot be recovered. It is shown that, within a suitably defined class, a predictor of life‐cycle income based on household income and expenditure entails a distribution dominated in a social welfare sense by the distribution of life‐cycle incomes. A predictor constructed from socio‐demographic variables induces a distribution that welfare‐dominates the distribution of life‐cycle incomes

Consumption (sociology) · Demographic economics · Distribution (mathematics) · Econometrics · Economics · Income distribution · Inequality · Labour economics · Life-cycle hypothesis · Macroeconomics · Perspective (graphical) · Social Welfare · Sociology · Variable (mathematics) · Welfare · Economic theories and models · Fiscal Policy and Economic Growth · Income, Poverty, and Inequality · Mathematics

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Obras citantes distintas1
Citas por año0,04
Intervalo de citas2001 - 2001 (1)
Velocidad de citaciónhistorical
Altamente citadoNo
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