Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/192102 
Year of Publication: 
1994
Series/Report no.: 
Discussion Papers No. 118
Publisher: 
Statistics Norway, Research Department, Oslo
Abstract: 
It is shown that if social welfare is the sum of logaritmic utility function, the optimal income distribution and the welfare effect of any income redistribution is independet of the equivalence scales. In optimum all households have the same per capita income. Based on this observation it is discussed to what extent traditional welfare theory can be said to be concerned about fair income distribution.
Subjects: 
Equivalence scales
income distribution
logarthmic utility.
JEL: 
D10
D31
D63
Document Type: 
Working Paper
Document Version: 
Digitized Version

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