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University of Tübingen Working Papers in Economics and Finance >
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http://hdl.handle.net/10419/54731
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| Title: | | Integration, social distress, and policy formation  |
| Authors: | | Stark, Oded |
| Issue Date: | | 2012 |
| Series/Report no.: | | University of Tübingen working papers in economics and finance 25 |
| Abstract: | | I study the integration of regions in the form of a merger of populations, which I interpret as a revision of people's social space and their comparison set; I illustrate the way in which a merger can aggravate social distress; and I consider policy responses. Specifically, I view the merger of populations as a merger of income vectors; I measure social distress by aggregate relative deprivation; I demonstrate that a merger increases aggregate relative deprivation; and I show that a social planner is able to reverse this increase by means of least-cost, post-merger increases in individual incomes, but is unable to counter it by relying exclusively on a self-contained income redistribution that retains individual levels of wellbeing at their pre-merger levels. |
| Subjects: | | integration of regions merger of populations revision of social space aggregate relative deprivation social distress policy responses |
| JEL: | | D04 D63 F55 H53 P51 |
| Persistent Identifier of the first edition: | | urn:nbn:de:bsz:21-opus-59836 |
| Document Type: | | Working Paper |
| Appears in Collections: | | University of Tübingen Working Papers in Economics and Finance
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