Similar Search Results

Individual Well-Being in a Dynamic Perspective

D'Ambrosio, Conchita - 2011

This paper explores the determinants of individual well-being as measured by self-reported levels of satisfaction with income. Making full use of the panel data nature of the German Socio-Economic Panel, we provide empirical evidence for well-being depending on absolute and on relative levels of...

Persistent link: https://www.econbiz.de/10012756895

Robust Inequality Comparisons

Aaberge, Rolf - 2010

the obtained characterization results to arrange the members of two different generalized Gini families of inequality … subfamily of the generalized Gini families and thus the least restrictive social preferences required to reach unambiguous …

Persistent link: https://www.econbiz.de/10013147546

Well-Being Inequality and Reference Groups : An Agenda for New Research

van Praag, B.M.S. - 2010

In this paper it is argued that subjective well-being of the individual depends on two types of variables. The first type consists of characteristics of the individual himself, such as age, health, income, etc. The second type of variables consists of the characteristics of the individuals...

Persistent link: https://www.econbiz.de/10013148080

Opportunity-Sensitive Poverty Measurement

Brunori, Paolo - 2014

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...

Persistent link: https://www.econbiz.de/10013061655

Consumption Inequality and the Frequency of Purchases

Coibion, Olivier - 2017

We document a decline in the frequency of shopping trips in the U.S. since 1980 and consider its implications for the measurement of consumption inequality. A decline in shopping frequency as households stock up on storable goods (i.e. inventory behavior) will lead to a rise in expenditure...

Persistent link: https://www.econbiz.de/10012950920

A Social-Psychological Reconstruction of Amartya Sen's Measures of Inequality and Social Welfare

Stark, Oded; Budzinski, Wiktor - 2022

The Gini coefficient features prominently in Amartya Sen's 1973 and 1997 seminal work on income inequality and social … welfare. We construct the Gini coefficient from socialpsychological building blocks, reformulating it as a ratio between a … Gini coefficient increases. By integrating our approach to the construction of the Gini coefficient with Sen's social …

Persistent link: https://www.econbiz.de/10014084076

Ranking Intersecting Lorenz Curves

Aaberge, Rolf - 2021

strategies turn out to depart from the Gini coefficient; one requires higher degree of downside and the other higher degree of … upside inequality aversion than what is exhibited by the Gini coefficient. Furthermore, it is demonstrated that the sequences …

Persistent link: https://www.econbiz.de/10013324763

Testing for Poverty Dominance : An Application to Canada

Chen, Wen-Hao; Duclos, Jean-Yves - 2021

The paper proposes and applies statistical tests for poverty dominance that check for whether poverty comparisons can be made robustly over ranges of poverty lines and classes of poverty indices. This helps provide both normative and statistical confidence in establishing poverty rankings across...

Persistent link: https://www.econbiz.de/10013324786

Combining panel data sets with attrition and refreshment samples

Hirano, Keisuke; Imbens, Guido; Ridder, Geert; Rubin, … - 1998

With panel data important issues can be resolved that can not beaddressed with cross--sectional data. A major drawback is that paneldata suffer from more severe missing data problems. Adding a sampleconsisting of new units randomly drawn from the original populationas replacements for units who...

Persistent link: https://www.econbiz.de/10011283469

On a simple survey measure of individual risk aversion

Hartog, Joop; Ferrer-i-Carbonell, Ada; Jonker, Nicole - 2000

We ask individuals for their reservation price of a specified lotteryand deduce their Arrow-Pratt measure of risk aversion.This allows direct testing of common hypotheses on risk attitudes inthree datasets. We find that risk aversion indeed fallswith income and wealth. Entrepreneurs are less...

Persistent link: https://www.econbiz.de/10011303858