Aaberge, Rolf; Havnes, Tarjei; Mogstad, Magne - Institute for the Study of Labor (IZA) - 2013
When is one distribution (of income, consumption, or some other economic variable) more equal or better than another …? This question has proven difficult to answer in situations where distribution functions intersect and no unambiguous … rather than another. In this paper, we develop a theory for ranking distribution functions. Our theory offers a general …