Optimal Redistributive Taxation When Individual Welfare Depends upon Relative Income

S-Tier
Journal: Quarterly Journal of Economics
Year: 1978
Volume: 92
Issue: 4
Pages: 589-601

Authors (2)

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

I. Introduction, 589. — II. An optimal negative income tax model, 591. — III. The maximin criterion, 594. — IV. A utilitarian social objective, 597. — V. Conclusion, 598. Our theory … depends upon the validity of a single hypothesis, viz.: that the utility index is a function of relative rather than absolute consumption expenditure. — J. Duesenberry Income, Saving and the Theory of Consumer Behavior

Technical Details

RePEc Handle
repec:oup:qjecon:v:92:y:1978:i:4:p:589-601.
Journal Field
General
Author Count
2
Added to Database
2026-01-29