Redistribution of income: an approach

June 19, 2015 Editor 0

Redistribution of income: an approach
Louis Bernard Tchekoumi
African J. of Economic and Sustainable Development, Vol. 4, No. 2 (2015) pp. 174 – 187
The purpose of this research paper is to formulate a model for income redistribution. It assumes that theoretical models of income distribution have shortcomings. These are related to failure of non-consideration of a certain number of variables including: the random risks, non-monetary income, integration ability, individual characteristics and information among others. The progressive consideration of these variables would enable the formulation of a dynamic and analytically applicable model especially in countries plagued with poverty and social exclusion.

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Categories: Development

Tags: Redistribution of income