Showing 1 - 8 of 8
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 identifies a family of absolute consistent inequality indices using a weakly decomposable postulate suggested by Ebert (2010). Since one member employs an Atkinson (1970) type aggregation we refer to it as the Atkinson index of consistent inequality. A second member of this family...
Persistent link: https://www.econbiz.de/10010711920
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
We examine the measurement of multidimensional poverty and material deprivation following the counting approach. In … inequality aversion in poverty. We apply the proposed measures to European Union member states where the concept of material …
Persistent link: https://www.econbiz.de/10004967193
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 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
We examine the measurement of individual poverty in an intertemporal context. In contrast to earlier contributions, we … assign importance to the persistence in a state of poverty and we characterize a class of individual intertemporal poverty … measures reflecting this feature. In addition, we axiomatize an aggregation procedure to obtain intertemporal poverty measures …
Persistent link: https://www.econbiz.de/10005413397