Showing 1 - 10 of 587
The paper proposes a simple framework for the evaluation of anti-poverty programs based on single means differences, FGT poverty measures and stochastic dominance theory. A Treatment Effect Curve (TEC) is derived and its use illustrated with simulated data
Persistent link: https://www.econbiz.de/10013148313
This paper argues that satisfaction data from surveys are biased by varying participant attitudes toward the interview itself. In this manner, interviewees in a German panel study report lower life satisfaction when there is evidence of transient influences like aversion. The empirical findings...
Persistent link: https://www.econbiz.de/10011278684
Some properties that strengthen the Pigou-Dalton transfer principle have been introduced in the literature, such as the diminishing transfer principle, and its positional version, the principle of positional transfer sensitivity. These principles state that social evaluation function should be...
Persistent link: https://www.econbiz.de/10011278604
Under lognormality assumption, we derive the parametric formula of the Watts measure, one of the main axiomatically sound poverty measures. In these conditions, we derive new properties of the Watts measure, its sensitivity to distribution parameters and its parametric standard error.
Persistent link: https://www.econbiz.de/10005110669
Equality of opportunity is a political ideal which requires that ex-ante inequalities, and only those inequalities, should be eliminated. Justice requires leveling the playing field by rendering everyone's opportunities equal in an appropriate sense, and then letting individual choices and their...
Persistent link: https://www.econbiz.de/10008540645
This note develops, for the Gini coefficient of inequality, a very simple generalization that directly incorporates judgments on ‘relative inter-group inequality aversion' by making the inequality measure sensitive to the skewness of the Lorenz curve. The resulting family of inequality...
Persistent link: https://www.econbiz.de/10008493983
The paper proposes an alternative index of relative deprivation which allows for selection of the reference group and imperfect information, two central elements of modern theories of social justice. An application to real data and a simulation on artificial data illustrate the use and some...
Persistent link: https://www.econbiz.de/10005416881
The paper proposes an alternative index of relative deprivation which allows for selection of the reference group and imperfect information, two central elements of modern theories of social justice. An application to real data and a simulation on artificial data illustrate the use and some...
Persistent link: https://www.econbiz.de/10010629515
The paper uses two particular formulations of the Gini index to derive two different relative deprivation measures. We then generalize the formulation of these measures following Donaldson and Weymark (1980) and Berrebi and Silber (1985) and show how these generalizations can be considered as...
Persistent link: https://www.econbiz.de/10009149964
Aghion, P. and P. Bolton (1997, "A Theory of Trickle-Down Growth and Development," Review of Economic Studies, 59, 151-172) provide a model analyzing the effect of capital accumulation on income inequality. We integrate two additional features to a modified version of this model. The first one...
Persistent link: https://www.econbiz.de/10008563003