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We prove two results for exchange economies with / goods, n individuals without any differentiability assumption: 1. the multiplicity of equilibria for at least one initial allocation is a necessary condition for the existence of the global transfer paradox; 2. the multiplicity of equilibria for at least one initial allocation is a sufficient condition for the existence of the global transfer paradox.
funding, universities, income contingent student loan
[fre] Egalitarisme de la dominance et utilitarisme. . Les critères de dominance sociale comme la courbe de Lorenz sont des outils fondamentaux de la mesure des inégalités de revenu. Des théories aussi différentes que l'utilitarisme ou l'égalitarisme se rejoignent ici pour offrir une justification de l'emploi de ces outils. Nous explorons en particulier sous quelles hypothèses l'utilitariste peut se reconnaître dans un jugement de dominance sociale. L'hypothèse d'une « utilité commune » est avancée. On insistera particulièrement sur le cas où les individus sont distingués par une composante de besoin. [eng] Social dominance egalitarianism and utilitarism. . Dominance criteria such Lorenz curve are central tools of the measurement of income inequality. Such differing theories as utilitarianism and egalitarianism can both support the use ...
This paper examines the extent and evolution of intergenerational earnings mobility in France. We use data from five waves of the French Education-Training-Employment (FQP) surveys covering the period 1964 to 1993. Our estimation procedure follows Björklund and Jäntti (1997)'s two-sample instrumental variable method. On our samples, the elasticity of son's (respectively daughter's) long-run income with respect to father's long run income is around .4 (resp. .3) with no significant change over the period under scrutiny. Comparing these estimates to results obtained from other studies suggests that intergenerational mobility is higher in France than in the United States and United Kingdom and lower than in Scandinavian countries.
Multidimensioned Welfare; Multivariate Inequality, Well-Being Dimensions, Human Development Index
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