This article explains distributive and redistributive policy, focusing on social and welfare policies. The alternative forms of redistribution and the other aims of redistribution are examined in the first half of the article. This is followed by a detailed discussion of the various approaches to redistributive policy. The next part is devoted to looking ...
For instance, the financial firm BlackRock, which was hired by the Fed to grant loans on its behalf, will know what kind of asset will be bought by the central bank and what direction monetary policy will take before other agents, hence providing this firm with certain potential advantages (...
Sefton, T. (2006) "Distributive and Redistributive Policy". The Oxford Handbook of Public Policy. Edited by Michael Moran, Martin Rein and Robert E. Goodin. Oxford University Press; pp: 607-623.Sefton, T. "Distributive and Redistributive Policy". En M. Moran, The Oxford ...