Separating efficiency and equality, automation, and piketty's theory of increasing capital share

• Main Author: Ng, Yew-Kwang
• Other Authors: School of Social Sciences
• Format: Article
• Language: English
• Published: 2019
• Subjects: DRNTU::Social sciences::Economic development; Equality; Capital
• Online Access: https://hdl.handle.net/10356/87329; http://hdl.handle.net/10220/48209
• Institution: Nanyang Technological University

Despite disincentive effects, it is more efficient to tackle inequality by general equality promotion policies, including tax/transfers, than by trying to pursue equality in specific issues or policies. The latter policy also has the same degree of disincentive effects as the general policy but has...