Showing 1 - 10 of 13
This paper introduces a new Lorenz dominance criterion that allows ranking income distributions according to ray-invariant intermediate inequality measures. In doing so, it defines a-Lorenz curves by adapting the generalized Lorenz curves to this case. In addition, it provides an empirical...
Persistent link: https://www.econbiz.de/10009366283
In this paper we analyze the way in which changes in macro-economic circumstances and labour market institutions, that occurred in Italy over the ‘90s, affected the set of opportunities for young generations, amplify or shrinking existing inequalities. In particular we investigate whether they...
Persistent link: https://www.econbiz.de/10009370129
The model takes into account the household production and self reported information is interpreted in relation with the sharing rule governing the bargaining process in the family. Considering that the theoretical framework implies a wide concept of full income, which includes the allocation of...
Persistent link: https://www.econbiz.de/10004967201
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
This paper attempts to combine the analysis of wage (income) polarization with that of wage (income) mobility. Using the polarization index PG recently proposed by Deutsch et al. (2007) it shows that, when taking the identity of the individuals into account (working with panel data), a...
Persistent link: https://www.econbiz.de/10008479578
Inequality measures are often presented in the form of a rank ordering to highlight their relative magnitudes. However, a rank ordering may produce misleading inference, because the inequality measures themselves are statistical estimators with different standard errors, and because a rank...
Persistent link: https://www.econbiz.de/10005135139
This paper introduces a class of intermediate inequality indices, I(?, ?), that is at the same time ray-invariant and unit-consistent. These measures permit us to keep some of the good properties of Krtscha’s (1994) index while keeping the same “centrist” attitude whatever the income...
Persistent link: https://www.econbiz.de/10005413367
An income inequality measure satisfies the Pigou-Dalton transfer principle if progressive transfers decrease income inequality. When transfers cause transaction costs, one can trace out the maximum leakage such that the transfer pays at the margin. An income inequality measure is leaky-bucket...
Persistent link: https://www.econbiz.de/10005413403
We offer a model of equality of opportunity that encompasses different conceptions expressed in the public debate. In addition to circumstances whose effect on outcome should be compensated and eort which represents a legitimate source of inequality, we introduce a third factor, luck, that...
Persistent link: https://www.econbiz.de/10005413412
In contrast to the experience in high-income OECD countries, the introduction of democracy in most low- and middle-income countries (LMICs) has been followed, as a rule, by a concentration of income. Using the median voter hypothesis as analytical tool, this paper explores the conditions under...
Persistent link: https://www.econbiz.de/10005413419