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Do market-orientated economies with relatively large cross-sectional levels of inequality have higher income mobility … and therefore less permanent inequality? To answer this question, we introduce a formal representation of income mobility …
Persistent link: https://www.econbiz.de/10011968539
When is one distribution (of income, consumption, or some other economic variable) more equal or better than another? This question has proven difficult to answer in situations where distribution functions intersect and no unambiguous ranking can be attained without introducing weaker criteria...
Persistent link: https://www.econbiz.de/10011968533