Aaberge, Rolf; Mogstad, Magne - Institute for the Study of Labor (IZA) - 2010
This paper proposes a two-step aggregation method for measuring long-term income inequality and income mobility, where …, inequality and mobility. To this end, we employ an axiomatic approach to justify the introduction of a generalized family of rank …-dependent measures of inequality, where the distributional weights, as opposed to the Mehran-Yaari family, depend on income shares as …