Showing 1 - 10 of 15
This paper proposes two related measures of educational inequality: one for educational achievement and another for educational opportunity. The former is the simple variance (or standard deviation) of test scores. Its selection is informed by consideration of two measurement issues that have...
Persistent link: https://www.econbiz.de/10009522507
Building on earlier work by political philosophers, economists have recently sought to define a concept of equity that accommodates the fairness of reward to individual responsibility and effort, while allowing for the existence of some inequalities which are unfair and should be compensated....
Persistent link: https://www.econbiz.de/10010510602
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 with...
Persistent link: https://www.econbiz.de/10010226762
Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be associated with faster economic growth, other kinds, arising from unequal opportunities for investment, might be detrimental to economic progress. We construct two new metadata...
Persistent link: https://www.econbiz.de/10010364975
This paper evaluates the global welfare consequences of increases in mortality and poverty generated by the Covid-19 pandemic. Increases in mortality are measured in terms of the number of years of life lost (LY) to the pandemic. Additional years spent in poverty (PY) are conservatively...
Persistent link: https://www.econbiz.de/10012257792
This paper asks whether prioritarianism - the view that social welfare orderings should give explicit priority to the worse-off - is consistent with the normative theory of equality of opportunity. We show that there are inherent tensions between some of the axioms underpinning prioritarianism...
Persistent link: https://www.econbiz.de/10012431403
"Shared prosperity" has become a common phrase in the development policy discourse. This short paper provides its most widely used operational definition - the growth rate in the average income of the poorest 40 percent of a country's population - and describes its origins. The paper discusses...
Persistent link: https://www.econbiz.de/10011871444
Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be associated with faster economic growth, other kinds, arising from unequal opportunities for investment, might be detrimental to economic progress. We construct two new metadata...
Persistent link: https://www.econbiz.de/10010878124
The paper defines the Gini index as the sum of individual contributions where individual contributions are interpreted as the degree of diversity of each individual from all other members of society. Among various possible forms of individual contributions to the Gini found in the literature, we...
Persistent link: https://www.econbiz.de/10010878125
This paper proposes two related measures of educational inequality: one for educational achievement and another for educational opportunity. The former is the simple variance (or standard deviation) of test scores. Its selection is informed by consideration of two measurement issues that have...
Persistent link: https://www.econbiz.de/10009370130