id,collection,dc.contributor.author,dc.date.accessioned,dc.date.available,dc.date.issued,dc.description.abstract[en],dc.format.extent,dc.identifier.uri,dc.language,dc.relation.ispartofseries,dc.rights.uri,dc.subject,dc.subject.ddc,dc.title,dc.type,dcterms.accessRights.openaire,refubium.affiliation[de],refubium.mycore.derivateId,refubium.mycore.fudocsId,refubium.series.issueNumber,refubium.series.name "2512066a-933e-414a-86f1-17e5ec42f9e1","fub188/18846","König, Johannes||Schröder, Carsten","2018-06-08T08:13:57Z","2016-07-28T12:32:30.574Z","2016","We solve the problem of a social planner who seeks to minimize inequality via transfers with a fixed public budget in a distribution of exogenously given incomes. The appropriate solution method depends on the objective function: If it is convex, as in the case of the absolute mean deviation, it can be solved by an interior-point algorithm. If it is quasiconvex, as in case of the Gini coefficient, the bisection method can be used. We implement the procedures using artificial and real-world data, and show that the optimal transfer scheme need not comply with a transfer scheme that perfectly equalizes incomes at the bottom of the distribution.","18 Seiten","https://refubium.fu-berlin.de/handle/fub188/19616||http://dx.doi.org/10.17169/refubium-23237","eng","urn:nbn:de:kobv:188-fudocsseries000000000532-8||urn:nbn:de:kobv:188-fudocsseries000000000006-7","http://www.fu-berlin.de/sites/refubium/rechtliches/Nutzungsbedingungen","redistribution||public transfers||inequality||optimization methods||interior-point algorithm||bisection method","300 Sozialwissenschaften::330 Wirtschaft::336 Öffentliche Finanzen","Inequality-Minimization with a Given Public Budget","Buch","open access","Wirtschaftswissenschaft","FUDOCS_derivate_000000006792","FUDOCS_document_000000025038","2016,16 : Economics","Diskussionsbeiträge des Fachbereichs Wirtschaftswissenschaft der Freien Universität Berlin"