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Let a society’s unhappiness be measured by the aggregate of the levels of relative deprivation of its members. When two societies of equal size, F and M, merge, unhappiness in the merged society is shown to be higher than the sum of the levels of unhappiness in the constituent societies when...
Persistent link: https://www.econbiz.de/10009238652
We examine linkages between aggregate household income, distribution of that income, and aggregate cross-country expenditure patterns. We are able to decompose income effects into international income dispersion effects (from variations in average income) and national income dispersion (income...
Persistent link: https://www.econbiz.de/10011338007
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
inequality (when inequality is measured by the Gini coefficient). This happens when individuals' preferences depend negatively …. A robust example illustrates this result. -- a rank-preserving inequality-narrowing transfer ; the Gini coefficient …
Persistent link: https://www.econbiz.de/10009680434
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 social-psychological 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/10012626151
In determining the optimal redistribution of a given population's income, we ask which factor is more important: the social planner's aversion to inequality, embedded in an isoelastic social welfare function indexed by a parameter alpha, or the individuals' concern at having a low relative...
Persistent link: https://www.econbiz.de/10011569042
of the Gini coefficient of income distribution at origin and the intensity of migration. Bearing in mind the substantial … between aggregate or total relative deprivation, TRD, the Gini coefficient, G, and migration. We show that for a given change …
Persistent link: https://www.econbiz.de/10012158953
We introduce a new class of generalized measures of relative deprivation. The class takes the form of a power mean of order p . A characteristic of the class is that depending on the value of the proximity-sensitive parameter p , the class is capable of accommodating both a decreasing weight...
Persistent link: https://www.econbiz.de/10011736612
Sen (1973 and 1997) presents the Gini coefficient of income inequality in a population as follows. "In any pair … pair-wise comparisons takes us to the Gini coefficient." (This citation is from Sen 1973, p. 8.) Sen's verbal account is … inequality (maximal inequality). In this note we show that when the Gini coefficient is elicited from a neat measure of the …
Persistent link: https://www.econbiz.de/10014518570
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