Showing 1 - 10 of 29
This module illustrates how Generalised Lorenz (GL) Curves can be used to identify the best income distribution on social welfare grounds, within a set of alternative income distributions generated by different policy options, in many of the cases where ordinary Lorenz curves fail to work After...
Persistent link: https://www.econbiz.de/10011257958
We model the evolution of age-dependent personal income distribution and inequality as expressed by the Gini ratio. In … our framework, inequality is an emergent property of a theoretical model we develop for the dynamics of individual incomes … in the Gini ratio since 2000. In the youngest age group (from 15 to 24 years), however, the level of income inequality …
Persistent link: https://www.econbiz.de/10011259180
The Inequality Process (IP) is a particle system model similar to that of the Kinetic Theory of Gases. The IP is a …
Persistent link: https://www.econbiz.de/10011259327
The paper discusses the ∪-shaped relationship between the equivalence scale n^ε and the Gini index instead of considering the equivalence scale’s relationship to the generalised entropy measures, which was studied by Coulter, et al. (1992). An end-point condition is given for the ∪-shaped...
Persistent link: https://www.econbiz.de/10011259680
This paper explains how to build Lorenz Curves for income distributions and discusses their use for inequality … and draw Lorenz Curves. A discussion on the use of Lorenz Curves to represent inequality is also provided. It highlights …
Persistent link: https://www.econbiz.de/10008919738
The United Nations Millennium Declaration commits to halving extreme poverty between 2000 and 2015. The South African government has set a goal of halving poverty by 2014, although the meaning of this goal has not yet been defined. This article specifies government.s stated target of halving...
Persistent link: https://www.econbiz.de/10009366414
In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the …, income inequality is perceived more negatively with increased perceived fairness, due to the need for unexpected policy …
Persistent link: https://www.econbiz.de/10008683292
inequality in several parts: we will distinguish 11 different benefits and several income taxes and social contributions in our … empirical investigation across countries. First, we use LIS data to analyze income inequality and the redistributive effect of … we decompose income inequality through several taxes and transfers. We analyze the redistributive effect of several …
Persistent link: https://www.econbiz.de/10009246901
This paper examines the distribution of top incomes in 15 former British colonies in Africa, drawing on evidence available from income tax records. It seeks to throw light on the position of colonial elites during the period of British rule. Just how uneq
Persistent link: https://www.econbiz.de/10010766014
between these two objectives. This volume shows how reforms can address the urgent issue of inequality without undermining …
Persistent link: https://www.econbiz.de/10010772360