Showing 1 - 6 of 6
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
In the literature there are a number of generalizations of the Gini coefficient which inherit most of its appealing properties. These families allow the incorporation of different value judgments and all of them are more sensitive to transfers among the poorest individuals in society than to...
Persistent link: https://www.econbiz.de/10010627579
This paper provides a set of sufficient conditions under which the preferences of an egalitarian social decision-maker accord with majority voting. We show that an additive and concave utilitarian social evaluation function is consistent with the outcomes of majority voting if we restrict the...
Persistent link: https://www.econbiz.de/10010627588
In the context of Social Welfare and Choquet integration, we briefly review, on the one hand, the generalized Gini welfare functions and inequality indices for populations of n=2 individuals, and on the other hand, the Mobius representation framework for Choquet integration, particularly in the...
Persistent link: https://www.econbiz.de/10010878128
In the unidimensional setting, the well known Pigou-Dalton transfer principle is the basic axiom to order distribution in terms of inequality. This axiom has a number of generalizations to the multidimensional approach which have been used to derive multidimensional inequality measures. However,...
Persistent link: https://www.econbiz.de/10005413425