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An abbreviated or reduced-form monotonic polarization index is an increasing function of the between-group term and a decreasing function of the within-group term of a population subgroup decomposable inequality index. The between-group term represents the „identification? component of...
Persistent link: https://www.econbiz.de/10004967195
This paper deals with the proposal of a synthetic indicator to measure intensity of poverty. So, whereas incidence of poverty can be clearly measured using the headcount ratio indicator, according to Sen (1976) dimensions of poverty, the choice of a better intensity poverty measure is still an...
Persistent link: https://www.econbiz.de/10005413411
This paper examines how spatial price differentials affect income distribution in Italy. The distribution of household income is “reshuffled” after controlling for the purchasing power of households residents in different regions, but only when housing price variations are included in the...
Persistent link: https://www.econbiz.de/10008502854
An ethnic polarization index is a summary statistic of ethnic diversity in a population. Montalvo and Reynal-Querol (2005,2008) suggested an index of ethnic polarization, the RQ index, and discussed its properties in detail. In this paper we develop some axiomatic characterizations of the RQ...
Persistent link: https://www.econbiz.de/10004967188
This paper proposes to use an information theory approach to the design of multidimensional poverty indices. Traditional monetary approaches to poverty rely on the strong assumption that all relevant attributes of well-being are perfectly substitutable. Based on the idea of the essentiality of...
Persistent link: https://www.econbiz.de/10005413369
In this paper, a new class of polarization measures is derived axiomatically. The concept of polarization is here identified with the decline of the middle class. In particular, we extend the definition of middle class towards a more realistic framework: the middle class is defined in terms of...
Persistent link: https://www.econbiz.de/10011098385
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