Arbeitspapier

A policy response to a downside of the integration of economies: An impossibility theorem

Recent research shows that the merger of economies increases aggregate stress. This paper shows that there is no income distribution policy which will ensure that the wellbeing of the individuals belonging to merging economies does not fall below their pre-merger level.

Language
Englisch

Bibliographic citation
Series: ZEF Discussion Papers on Development Policy ; No. 192

Classification
Wirtschaft
Microeconomic Policy: Formulation, Implementation, and Evaluation
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
International Institutional Arrangements
National Government Expenditures and Welfare Programs
Comparative Analysis of Economic Systems
Subject
merger of populations
revision of social space
aggregate relative deprivation
Societal stress
policy response

Event
Geistige Schöpfung
(who)
Stark, Oded
Event
Veröffentlichung
(who)
University of Bonn, Center for Development Research (ZEF)
(where)
Bonn
(when)
2014

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Stark, Oded
  • University of Bonn, Center for Development Research (ZEF)

Time of origin

  • 2014

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