The authors analyze general equilibrium relationships between trade policy and the household distribution of income, decomposing social welfare into real income level and variance components and emphasizing Gini and Atkinson indexes. They embed these inequality-adjusted social welfare functions in a general equilibrium structure mapping from tariff protection to household inequality. This yields predictions regarding the linkages between trade protection...
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INFORMATION
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2005/10/01
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Document de travail de recherche sur les politiques
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WPS3731
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1
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1
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2010/07/01
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Disclosed
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Equity, welfare, and the setting of trade policy in general equilibrium
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social welfare function
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