Using a new longitudinal data-set, the authors examine the distribution of well-being, and changes in the distribution of well-being, among the Israeli kibbutzim in 1989 and 1990. They examine the theoretical and practical implications of a variety of definitions of consumption, income, and...

I analyse the dynamic structure of earnings in Great Britain for the period 1991-99 by decomposing the earnings covariance structure into its permanent and transitory components. According to the British Household Panel Study data, earnings inequality of male full-time employees increases over...

Some analysts use sequential dominance criteria, and others use equivalence scales in combination with non-sequential dominance tests, to make welfare comparisons of joint distributions of income and needs. In this paper we present a new sequential procedure which copes with situations in which...