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oai:gredos.usal.es:10366/1686372026-01-13T01:01:59Zcom_10366_4283com_10366_4200com_10366_3946com_10366_3823col_10366_4284

Economies with rights: Efficiency and inequality Hervés Beloso, Carlos Martínez Concha, Francisco Moreno García, María Emma General equilibrium Inequality Redistribution of resources Rights Welfare [EN] We consider a scenario where inequality levels originate harmful effects on society. To alleviate this negative externality, we introduce tradable consumption licenses within a general equilibrium framework to obtain efficient outcomes, reduce inequality, and improve social welfare. This mechanism would be easily implementable with the necessary support of the law. 2026-01-12T12:17:05Z 2026-01-12T12:17:05Z 2024 info:eu-repo/semantics/article Hervés-Beloso, C., Martínez-Concha, F., & Moreno-García, E. (2024). Economies with rights: Efficiency and inequality. Journal of Public Economic Theory, 26(1). https://doi.org/10.1111/JPET.12676 1097-3923 http://hdl.handle.net/10366/168637 10.1111/jpet.12676 1467-9779 eng https://onlinelibrary.wiley.com/doi/full/10.1111/jpet.12676 PID2022‐136718NB‐I00 AFB220003 http://creativecommons.org/licenses/by-nc-nd/4.0/ info:eu-repo/semantics/openAccess Attribution-NonCommercial-NoDerivatives 4.0 Internacional Wiley