Showing 1 - 10 of 49
Much of the work that has been carried out since the early 1970s on the properties of alternative inequality measures has been concerned with the relationship between the inequality measures and basic value judgements. In the empirical measurement of inequality and in tax policy simulation...
Persistent link: https://www.econbiz.de/10005587612
To measure the contributions to inequality from population subgroups, the Gini coefficient is often decomposed into inequality within groups, inequality between groups and a residual term arising from the overlapping of income distributions from different groups. In this paper we show that two...
Persistent link: https://www.econbiz.de/10005750853
This paper examines the sensitivity of inequality and poverty measures to the adult equivalence scale and the unit of analysis. Comparisons are made using parametric equivalence scales, and income units include individuals, equivalent adults and households. The role of the correlation between...
Persistent link: https://www.econbiz.de/10005458632
This paper investigates the effects on income and its distribution of heterogenous preferences for education expenditures. Models of private and public education are studied and compared. Public education expenditures are determined through majority vote. Equilibria for both models are...
Persistent link: https://www.econbiz.de/10005750865
A model of education where the distribution of innate abilities is the source of heterogeneity is investigated. Public and private education models are investigated and compared. Human capital follows a first order Markov process which is shown to converge to a unique stationary distribution in...
Persistent link: https://www.econbiz.de/10005458678
When the prices of goods that form a relatively large proportion of the total expenditure of low income households rise in relation to all other goods, the inequality of the real income distribution increases. This paper models the effect on inequality and welfare if, ceteris paribus, Australian...
Persistent link: https://www.econbiz.de/10005458715
The aim of this paper is to present a method of examining the effects of macroeconomic variables on the personal distribution of income over time. Given the complexity of the relation between macroeconomic variables and the personal distribution, involving a 'mapping' from just a few variables...
Persistent link: https://www.econbiz.de/10005574897
Economic growth in Less Developed Countries (LDCs) over the last fifty years has often been accompanied by increasing income inequality. To explore this problem, we studied the relationship between income equality and development for forty LDCs using principal component analysis followed by...
Persistent link: https://www.econbiz.de/10005587668
This paper investigates a Bayesian approach for examining posterior distributions of several inequality, concentration, tax progressivity and social welfare measures.
Persistent link: https://www.econbiz.de/10005587766
Overeducation is a form of labour underutilisation which occurs when the formal education level of a worker exceeds that which is required for the job. In Australia close to 30 per cent of workers are overeducated and are underutilising their skills. Using data from the Negotiating the Life...
Persistent link: https://www.econbiz.de/10005458657