The Distribution and Redistribution of Income

This synthesis of the strands of distributional analysis used in social policy, welfare theory and public finance uses basic constructions from calculus, probability and the economics of consumer behaviour in a mathematical treatment of the distribution and redistribution of income.

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Provides an up-to-date synthesis of the many strands of distributional analysis used in the fields of social policy, welfare theory and public finance. Develops a consistent mathematical approach into a self-contained and unified treatment of the distribution and redistribution of income. Thoroughly updated edition of a well adopted textbook. Substantially enhanced by the inclusion of two new chapters on Poverty and Horizontal Inequity (unfairness in income taxes) - issues of popular interest in which there has been a great deal of recent theoretical research. A reference and resource work spanning several areas of economics not drawn together elsewhere. -- .