Showing 1 - 6 of 6
We consider the classical inequality measures due to Gini, Bonferroni, and De Vergottini and we present a brief review of the three inequality indices and the associated welfare functions, in the correspondence scheme introduced by Blackorby and Donaldson, and Weymark. The three classical...
Persistent link: https://www.econbiz.de/10011163080
In several economic fields, such as those related to health, education or poverty, the individuals’ characteristics are … respective inequality rankings may lead to contradictory results. Specifically, this paper concentrates on the poverty measure …
Persistent link: https://www.econbiz.de/10009193071
This paper identifies a multiplicative decomposition for the Foster-Greer-Thorbecke poverty indices as a product of the … three components which should be involved in every poverty index: the incidence of poverty, measured by the headcount ratio …, the intensity of poverty, measured by the aggregate income gap ratio and the inequality among the poor measured by an …
Persistent link: https://www.econbiz.de/10005413385
This paper proposes a two-step aggregation method for measuring long-term income inequality and income mobility, where mobility is defined as an equalizer of long-term income. The first step consists of aggregating the income stream of each individual into a measure of permanent income, which...
Persistent link: https://www.econbiz.de/10008512110
In this paper, we introduce and apply a general framework for evaluating long-term income distributions according to the Equality of Opportunity principle. Our framework allows for both an exante and an ex-post approach to EOp. Our ex-post approach relies on a permanent income measure defined as...
Persistent link: https://www.econbiz.de/10008512115
This paper is concerned with the problem of ranking Lorenz curves in situations where the Lorenz curves intersect and no unambiguous ranking can be attained without introducing weaker ranking criteria than first-degree Lorenz dominance. To deal with such situations Aaberge (2009) introduced two...
Persistent link: https://www.econbiz.de/10008516753