Showing 1 - 10 of 44
-personal inequality. We speculate on the emergence of homoploutic societies where income composition may be the same for all, but Gini …
Persistent link: https://www.econbiz.de/10012305082
A model is developed for peasant households in land abundant areas who choose between two technologies for land preparation: a manual one and one using draught animals. For draught a minimum number of animals is required so that a technological non convexity exists. It follows that certain...
Persistent link: https://www.econbiz.de/10011453277
individuals and allocated to one arbitrary poorer individual. We identify the subclass of extended Gini social welfare functions … ; Inequality ; Deprivation ; Lorenz Dominance ; Extended Gini Social Welfare Functions …
Persistent link: https://www.econbiz.de/10003800432
This paper provides the tools and procedures for empirically implementing several dominance criteria for social welfare comparisons and broad income inequality comparisons. Dominance criteria are expressed in terms of vectors of quantile ordinates based on income shares or quantile means....
Persistent link: https://www.econbiz.de/10013169202
This paper applies the tool box measures of disaggregative income inequality characterization and the statistical methodology of Beach (2021) to percentile-based distribution statistics such as quintile income shares and decile means typically published by official statistical agencies. It...
Persistent link: https://www.econbiz.de/10012670923
This paper offers a tool box of disaggregative measures of distributional change, including population shares, income shares, quantile mean incomes and relative mean incomes of different income groups. It highlights median-based measures along with quintiles and deciles. It also offers formulas...
Persistent link: https://www.econbiz.de/10012662221
A key aspect defining the contemporary income distribution is the (increasing) share the top holds compared to the rest. This paper shows that income concentration increases towards the very top of the distribution, while the shares the middle- and upper-middle-income groups hold remain stable...
Persistent link: https://www.econbiz.de/10011628596
Following Russia's February invasion of Ukraine and the imposition of sanctions by countries worldwide, Russian population faces a crisis with deep but differentiated consequences across socioeconomic groups. We examine the evolution of earnings and societal earnings gaps throughout Vladimir...
Persistent link: https://www.econbiz.de/10014455206
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
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