Series: IMF Working Papers
Author(s): Juan Carlos Cordoba , and Genevieve Verdier
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 2007
Keywords: Welfare costs, inequality, social welfare, country inequality, welfare function, welfare measures, Distribution, General Aggregative Models, Consumption, Saving
Lucas (2004) asserts that "Of the tendencies that are harmful to sound economics, the most seductive, and in my opinion the most poisonous, is to focus on questions of distribution... The potential for improving th...