Income variablity reduces social welfare if individuals are risk averse, and it is likely to increase inequality if … inequality than on welfare. This is because apart from its impact on inequality, risk reduces the certainty equivalent income of … poorer households are more vulnerable to shocks. Using a simple method to estimate risk-adjusted measures of inequality and …

maximum poverty line is bounded and for certain orders of stochastic dominance, so long as social welfare and inequality …This paper extends the previous literature on the normative links between the measurement of poverty, social welfare … and inequality. We show how, when the range of possible poverty lines is unbounded above, a robust ranking of absolute …

maximum poverty line is bounded and for certain orders of stochastic dominance, so long as social welfare and inequality …This paper extends the previous literature on the normative links between the measurement of poverty, social welfare … and inequality. We show how, when the range of possible poverty lines is unbounded above, a robust ranking of absolute …

This paper extends the previous literature on the ethical links between the measurement of poverty, social welfare and … inequality. We show inter alia, how, when the range of possible poverty lines is unbounded above, a robust ranking of absolute … poverty may be interpreted as a robust ranking of social welfare, and a robust ranking of relative poverty may be intepreted …

the dynamic of inequality, polarization and progressivity of the fiscal system. The results of this study confirm the … effectiveness of governmental redistributive mechanism to decrease inequality and polarization significantly and to maintain the …

length of lives. This paper explores the use of axiomatic and welfarist principles to assess social welfare in that framework …

robust to aggregation procedures for multiple welfare variables. In contrast to earlier work, our methodology applies equally …