Showing 1 - 10 of 207
This paper analyses the effects of the recent Economic Crisis on individual preferences for redistribution in 23 European countries. After implementing a decomposition of the variation in these preferences, it is showed that the crisis was highly significant in increasing support for...
Persistent link: https://www.econbiz.de/10010878112
We axiomatically characterize two classes of poverty measures which are sensitive to inequality of opportunity - one a strict subset of the other. The proposed indices are sensitive not only to income shortfalls from the poverty line, but also to differences in opportunities faced by people with...
Persistent link: https://www.econbiz.de/10010878115
Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be associated with faster economic growth, other kinds, arising from unequal opportunities for investment, might be detrimental to economic progress. We construct two new metadata...
Persistent link: https://www.econbiz.de/10010878124
The paper defines the Gini index as the sum of individual contributions where individual contributions are interpreted as the degree of diversity of each individual from all other members of society. Among various possible forms of individual contributions to the Gini found in the literature, we...
Persistent link: https://www.econbiz.de/10010878125
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
We propose a characterisation of an aggregate measure of growth that takes into account the initial economic conditions of individuals. Our measure is a weighted average of individual income growth with weights that are decreasing with the rank of the individual in the initial income...
Persistent link: https://www.econbiz.de/10010878130
This paper looks at the association between wage satisfaction and different notions of reference wage, based on a matched employer-employee dataset. It shows that workers’ satisfaction depends on other-people’s income in different ways. Relative income concerns are important, but we also...
Persistent link: https://www.econbiz.de/10010878142
In this paper, taking as starting point the link between polarization and dispersion, we reformulate the measure of polarization of Zhang and Kanbur (2001) using the decomposition of the variance instead of the decomposition of the Theil index. The proposed measure is equivalent to the...
Persistent link: https://www.econbiz.de/10009643267
This paper suggests multidimensional affluence measures for the top of the distribution. In contrast to commonly used top income shares, they allow the analysis of the extent, intensity and breadth of affluence in several dimensions within a common framework. We illustrate this by analyzing the...
Persistent link: https://www.econbiz.de/10009366276
We analyze polarization in India roughly in the past two and half decades using consumption expenditure data. We show that both bipolarization and multidimensional polarization (on several dimensions: caste, rural-urban, state, region) have increased since the 1990s. In the case of...
Persistent link: https://www.econbiz.de/10009366278