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Starting from the axiomatisation of polarisation contained in Esteban and Ray (1994)and Chakravarty and Majumdar (2001) we investigate whether people's perceptionsof income polarisation is consistent with the key axioms. This is carried out using aquestionnaire-experimental approach that...
Persistent link: https://www.econbiz.de/10012772156
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We examine the sensitivity of estimates and inequality indices to extreme values, in the sense of their robustness properties and of their statistical performance. We establish that these measures are very sensitive to the properties of the income distribution. Estimation and inference can be...
Persistent link: https://www.econbiz.de/10012772638
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Inequality measures are powerful tools of applied welfare analysis. However, to use the tools effectively one has to take into account the characteristics of the data with which one usually has to work. These raise a number of common statistical problems which are addressed here for both...
Persistent link: https://www.econbiz.de/10012772670
Instead of Inequality analysis sometimes neglects the problem of allowing differences in peopleamp;apos's non-income characteristics in the comparison of income distribution, I would say, At the heart of any distributional analysis there is the problem of allowing for differences in...
Persistent link: https://www.econbiz.de/10012772671