The Distributional Impact of Public Goods Provision: A Veil of Ignorance Approach |
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Authors: | Claudio Thum,& Alfons J. Weichenrieder |
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Affiliation: | University of Munich, Germany |
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Abstract: | The veil of ignorance approach is used to consider the redistribution implied by different tax-benefit systems. Assuming a (hypothetical) ex-ante situation in which individuals lack any knowledge about their future income, redistribution from rich to poor can be seen as a form of insurance. Taking redistribution and insurance as synonymous, the analysis derives cases of redistributionally neutral systems of taxation and public good provision. JEL classification : H 23; D 30;, H 41 |
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Keywords: | Redistribution public goods provision veil of ignorance |
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