Similar Search Results

Rawls' fairness, income distribution and alarming level of Gini coefficient

Tao, Yong; Wu, Xiangjun; Li, Changshuai - 2017

The arguments that the alarming level of Gini coefficient is 0.4 are widely reported. However, to the authors … maximal value of Gini coefficients when income follows exponential distribution as a minimal basic reference point of the … empirical investigations show that during peaceful times, worldwide Gini coefficients approximately obey asymptotic normal …

Persistent link: https://www.econbiz.de/10011723859

The economics of justice as fairness

Abatemarco, Antonio; Stroffolini, Francesca - 2018

In this paper, the authors challenge the common interpretation of Rawls' Theory of Justice as Fairness by showing that this theory, as outlined in the restatement (Rawls, Justice as Fairness: a Restatement, 2001), goes well beyond the definition of a distributive value judgment, in such a way as...

Persistent link: https://www.econbiz.de/10011930444

The BIP trilogy (bipolarization, inequality and polarization) : one saga but three different stories

Deutsch, Joseph; Fusco, Alessio; Silber, Jacques - 2012

Inequality, bi-polarization and polarization are related but distinct concepts aiming at analysing the income distribution. This paper first recalls the main differences between these three notions of inequality, bipolarization and polarization. It then shows that a close look at the impact of...

Persistent link: https://www.econbiz.de/10009628170

Inequality measurement with subgroup decomposability and level-sensitivity

Subramanian, Sreenivasan - 2011

Subgroup decomposability is a very useful property in an inequality measure, and level-sensitivity, which requires a given level of inequality to acquire a greater significance the poorer a population is, is a distributionally appealing axiom for an inequality index to satisfy. In this paper,...

Persistent link: https://www.econbiz.de/10008936400

The focus axiom and poverty : on the co-existence of precise language and ambiguous meaning in economic measurement

Subramanian, Sreenivasan - 2011

Despite the formal rigour that attends social and economic measurement, the substantive meaning of particular measures could be compromised in the absence of a clear and coherent conceptualization of the phenomenon being measured. A case in point is afforded by the status of a "focus axiom" in...

Persistent link: https://www.econbiz.de/10009308280

Country inequality rankings and conversion schemes

Schröder, Carsten; Bönke, Timm - 2012

Two conversion schemes are usually employed for assessing personal-income inequality from household equivalent incomes: to weight household units by size or by needs. Using data from the Luxembourg Income Study, the authors show the sensitivity of country inequality rankings to conversion...

Persistent link: https://www.econbiz.de/10009411930

Shifting tax burden to top income earners : what is the best way to reduce inequality?

Onrubia, Jorge; Picos, Fidel; Rodado, María del Carmen - 2019

reduce income inequality. Starting from Lambert and Aronson (Inequality decomposition analysis and the Gini coefficient … revisited 1993) and Alvaredo (A note on the relationship between top income shares and the Gini coefficient 2011) decomposition …

Persistent link: https://www.econbiz.de/10011990914

A replication recipe : list your ingredients before you start cooking

Chang, Andrew C. - 2017

The author argues that researchers should do replications using preanalysis plans. These plans should specify at least three characteristics: (1) how much flowtime the researchers will spend, (2) how much money and effort (working hours) the researchers will spend, and (3) the intended results...

Persistent link: https://www.econbiz.de/10011724635

Age-specific rise of income and consumption inequality

Zhu, Guozhong - 2013

Based on Panel Study of Income Dynamics (PSID) and Consumer Expenditure Survey (CEX), the author presents evidence that the rise of income/consumption inequality over the past decades is more significant among younger households. This is consistent with the theory that the secular rise of...

Persistent link: https://www.econbiz.de/10009713780

Job duration and inequality

Chen, Siyan; Desiderio, Saul - 2019

As suggested by recent empirical evidence, one of the causes behind the widespread rise of inequality experienced by OECD countries in the last few decades may have been the increased flexibility of labor markets. The authors explore this hypothesis through the analysis of a stock-flow...

Persistent link: https://www.econbiz.de/10012030461