Inequality and club formation

Fernando Jaramillo, Hubert Kempf, Fabien Moizeau

Research output: Contribution to journalArticlepeer-review

10 Scopus citations

Abstract

We study the relationship between social segmentation and income inequality by means of the economic theory of clubs with private provision of the club good. After having characterized the core partition of society in clubs and investigating its characteristics, we show how the clubs' sizes depend on income distribution and compare segmentation profiles arising in societies characterized by different inequality patterns.

Original languageEnglish (US)
Pages (from-to)931-955
Number of pages25
JournalJournal of Public Economics
Volume87
Issue number5-6
DOIs
StatePublished - May 1 2003
Externally publishedYes

All Science Journal Classification (ASJC) codes

  • Finance
  • Economics and Econometrics

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