Ruiz-Castillo, Javier - In: Journal of Economic Inequality 2 (2004) 3, pp. 219-228
Chakravarty, Dutta and Weymark (1985) present operational axioms for an ethical index of income mobility that are best suited for a two period world. This paper suggests a decomposition of this index into two terms: (i) an index of structural or snapshot mobility, which captures the welfare...