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This article provides a brief overview of the key issues in inequality measurement and has been prepared for inclusion in the second edition of The New Palgrave.
Persistent link: https://www.econbiz.de/10010928769
At the heart of any distributional analysis there is the problem of allowing for differences in people's non-income characteristics. We examine the role of standard equivalence scales in distributional comparisons and the welfare implications of the basis for constructing equivalence scales. We...
Persistent link: https://www.econbiz.de/10010745936
We stablish a general relationship between the standard form of the individualistic social-welfare function and the "reduced-form" version that is expressed in terms of inequality and mean income. This shows the relationship between the property of monotonicity and the slope of the...
Persistent link: https://www.econbiz.de/10010746382
The analysis of inequality is placed in the context of recent developments in economics and statistics. Prepared for Handbook of Income Distribution, edited by A B Atkinson and F Bourguignon.
Persistent link: https://www.econbiz.de/10010746604
We examine individuals’ distributional orderings in a number of contexts. This is done by using a questionnaire-experiment that is presented to respondents in any one of seven “flavours” or interpretations of the basic distributional problem. The flavours include inequality, risk, social...
Persistent link: https://www.econbiz.de/10011071116