| Abstract: | Summary A more equitable personal distribution cannot be achieved exclusively by a general incomes policy which changes primary distribution only. In that case people that have left the labour force are beyond the scope of incomes policy because their incomes often consist of transfers. Neither can redistribution instruments be considered as pseudo-policies for these groups. An effective incomes policy will therefore have not only to bring about fundamental changes in the conditions of supply and demand on the factor markets, but to make use of transfers as well.
Rede, uitgesproken bij de aanvaarding van het ambt van gewoon hoogleraar in de staathuishoudkunde aan de Nederlandse Economische Hogeschool te Rotterdam op 20 april 1972. |
