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- Title
TRANSFER APPROACHES TO DISTRIBUTION POLICY.
- Authors
LAMPMAN, ROBERT J.
- Abstract
The article presents the information that there are two ways to alter the pattern of economic inequality among persons. One is to modify the distribution of factor income by changing the underlying distribution of factors or prices or employment of those factors. The second is to modify the process by which factor income is redistributed away from its recipients. The article discusses the second way to alter income distribution. The author asks how the distribution to factor owners is and can be modified as income moves from its market origins to its disposition on goods and services. At the outset, the author sketches an accounting framework within which to envision this process whereby "producer incomes" are transformed into "user incomes." In later sections, the author reviews some current proposals for additional transfers to the poor. According to the author, the redistributive process involves receipts and payments of both money and non-money character. It occurs via private as well as public institutions, including the employer, the government agency, the private insurance carrier, the private philanthropic agency and the family.
- Subjects
UNITED States; INCOME; UNITED States economic policy; EQUALITY; DISTRIBUTION (Economic theory); INCOME distribution; INCOME redistribution; PAYMENT; MONEY; PUBLIC institutions; GOVERNMENT agencies; GOVERNMENT policy
- Publication
American Economic Review, 1970, Vol 60, Issue 2, p270
- ISSN
0002-8282
- Publication type
Article