Authors: Louis Bernard Tchekoumi
Addresses: Department of Economics and Applied Management, University of Douala, 4032 Douala, Cameroun
Abstract: The purpose of this research paper is to formulate a model for income redistribution. It assumes that theoretical models of income distribution have shortcomings. These are related to failure of non-consideration of a certain number of variables including: the random risks, non-monetary income, integration ability, individual characteristics and information among others. The progressive consideration of these variables would enable the formulation of a dynamic and analytically applicable model especially in countries plagued with poverty and social exclusion.
Keywords: income redistribution; public intervention; modelling; random risks, non-monetary income; integration ability; individual characteristics; information; poverty; social exclusion.
African Journal of Economic and Sustainable Development, 2015 Vol.4 No.2, pp.174 - 187
Received: 18 Mar 2015
Accepted: 18 Mar 2015
Published online: 14 Jun 2015 *