Abstract

The efficient redistribution hypothesis says that no available government policies are Pareto superior to observed government policies. Efficient redistribution from government policy is a central tenet of much recent theoretical and applied political economy literature. In this paper, limitations of previous attempts to test the efficient redistribution hypothesis are discussed, and an alternative test of the efficient redistribution hypothesis that uses vector optimization theory and bootstrap methodology is presented.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.