EconStor >
Eberhard Karls Universität Tübingen >
Wirtschaftswissenschaftliche Fakultät, Universität Tübingen >
University of Tübingen Working Papers in Economics and Finance >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/54731
  
Title:Integration, social distress, and policy formation PDF Logo
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

Files in This Item:
File Description SizeFormat
683227874.pdf130.14 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/54731

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.