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The paper discusses the U-shaped relationship between the equivalence scale ne and the Gini index instead of considering the equivalence scale's relationship to the generalised entropy measures, which was studied by Coulter, et al. (1992). An end-point condition is given for the U-shaped...
Persistent link: https://www.econbiz.de/10009511729
In the context of polarized societies, income homogeneity is linked to the frequency and the intensity of social unrest. Most homogenous countries exhibit a lower frequency of intense social conflicts and less homogeneous countries show a higher frequency of moderate social conflicts. This paper...
Persistent link: https://www.econbiz.de/10011345745
In this paper we try to understand whether national accounts GDP per capita or survey mean income or consumption better proxy for true income per capita. We propose a data-driven method to assess the relative quality of GDP per capita versus survey means by comparing the evolution of each series...
Persistent link: https://www.econbiz.de/10011345751
Mandelbrot (1960) proposed using the so-called Pareto-Lévy class of distributions as a framework for representing income distributions. We argue in this paper that the Pareto-Lévy distribution is an interesting candidate for representing income distribution because its parameters are easy to...
Persistent link: https://www.econbiz.de/10009407916
This article analyzes the determinants of market income distribution and governmental redistribution. The dependent variables are LIS data on market income inequality (measured by the Gini index) for households with a head aged 25 to 59 and the percent reduction in the Gini index by taxes and...
Persistent link: https://www.econbiz.de/10010226099
The problem of statistical inference has long been associated with quantitative inequality research. Within the last five years, however, significant developments have occurred in both the theory and practice of conducting formal statistical inference with common measures of inequality such as...
Persistent link: https://www.econbiz.de/10010259925
Intra-household inequality continues to remain a neglected corner despite renewed focus on income and wealth inequality. Using the LIS micro data, we present evidence that this neglect is Equivalent to ignoring up to a third of total inequality. For a wide range of countries and over four...
Persistent link: https://www.econbiz.de/10011539912