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Measuring long-term inequality of opportunity
Aaberge, Rolf; Mogstad, Magne; Peragine, Vitorocco - 2010
In this paper, we introduce and apply a general framework for evaluating long-term income distributions according to the Equality of Opportunity principle. Our framework allows for both an ex-ante and an ex-post approach to EOp. Our ex-post approach relies on a permanent income measure defined...
Persistent link: https://www.econbiz.de/10003936795
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Inequality indices as tests of fairness
Kanbur, Ravi; Snell, Andy - 2017
Standard income inequality indices can be interpreted as a measure of welfare loss entailed in departures from equality of outcomes, for egalitarian social welfare functions defined on the distribution of outcomes. But such a welfare interpretation has been criticized for a long time on the...
Persistent link: https://www.econbiz.de/10011641764
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Specific egalitarianism? : inequality aversion across domains
Costa-Font, Joan; Cowell, Frank A. - 2024
An individual's inequality aversion (IA) is a central preference parameter that captures the welfare sacrifice from exposure to inequality. However, it is far from trivial how to best elicit IA estimates. Also, little is known about the behavioural determinants of IA and how they differ across...
Persistent link: https://www.econbiz.de/10014637492
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(In)equality and (in)justice
Jasso, Guillermina - 2016
Understanding the exact connection between inequality and justice is important because justice is classically regarded … justice, the sense of justice would not awaken to exert its moral suasion, no matter how great the inequality or how fast its … increase. We obtain exact links between economic inequality and three parameters of the justice evaluation distribution …
Persistent link: https://www.econbiz.de/10011521090
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Equity and equality
Duclos, Jean-Yves (contributor) - 2006
thought and that it requires advanced notions of justice and wellbeing. The most likely ethical basis for HE appears to …
Persistent link: https://www.econbiz.de/10003467009
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Fair and unfair income inequalities in Europe
Checchi, Daniele; Peragine, Vitorocco; Serlenga, Laura - 2010
This paper analyses the extent of income inequality and opportunity inequality in 25 European countries. The present work contributes to understanding the origin of standard income inequality, helping to identify potential institutional setups that are associated to opportunity inequality. We...
Persistent link: https://www.econbiz.de/10003983669
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A note on inequality aversion across countries, using two new measures
Macunovich, Diane J. - 2011
Studies using the Gini Index as a measure of income inequality have consistently found a positive and significant effect of the Gini on both happiness and life satisfaction. Two new measures used here - the ratio of persons in the lowest income decile relative to the number in the highest, and...
Persistent link: https://www.econbiz.de/10009307464
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Are teams less inequality averse than individuals?
He, Haoran; Villeval, Marie-Claire - 2014
We compare inequality aversion in individuals and teams by means of both within- and between-subject experimental designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality aversion than individual initial proposals in team...
Persistent link: https://www.econbiz.de/10010359304
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Long term trends in fair and unfair inequality in the United States
Hussey, Andrew; Jetter, Michael - 2014
This paper analyzes the microeconomic sources of wage inequality in the United States from 1967-2012. Decomposing inequality into factors categorized by degree of personal responsibility, we find that education is able to explain more than twice as much of inequality today as 45 years ago....
Persistent link: https://www.econbiz.de/10010409801
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Luck or rights? : an experiment on preferences for redistribution following inheritance of opportunity
Lekfuangfu, Warn N.; Powdthavee, Nattavudh; Riyanto, … - 2022
We experimentally investigate whether people generally perceive inheritance as effort-induced or luck-induced. By randomly matched two strangers in a lab setting, we test whether the sources of opportunity handed down from the 'testator' subjects determines later redistributive decisions among...
Persistent link: https://www.econbiz.de/10013168233