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This module illustrates how Generalised Lorenz (GL) Curves can be used to identify the best income distribution on social welfare grounds, within a set of alternative income distributions generated by different policy options, in many of the cases where ordinary Lorenz curves fail to work After...
Persistent link: https://www.econbiz.de/10011257958
This paper explains how to build Lorenz Curves for income distributions and discusses their use for inequality measurement. A short conceptual background, a step-by-step procedure and a simple numerical example illustrate how to calculate and draw Lorenz Curves. A discussion on the use of Lorenz...
Persistent link: https://www.econbiz.de/10008919738
This paper illustrates how Crossing Generalised Lorenz (GL) curves can be used to identify the best income distribution on social welfare grounds within a set of alternative income distributions generated by different policy options. It starts by illustrating two alternative income distributions...
Persistent link: https://www.econbiz.de/10008924809
This article investigates the relationships among economic growth, income distribution and poverty in Brazil during the period from 2001 to 2005. Those relationships are analyzed starting from the selection of three models: one that relates the variations in the poverty indicators and the main...
Persistent link: https://www.econbiz.de/10005835994
This report surveys a dozen international comparative studies of poverty, income distribution and the elderly in OECD countries. It updates a previous Department of Social Security report — Whiteford and Kennedy, 1995, based on data from the mid- to late-1980s — including information up to...
Persistent link: https://www.econbiz.de/10005061663
social mobility increases. Using data on happiness and a broad set of fairness measures from the World Values Survey, we find …
Persistent link: https://www.econbiz.de/10008683292
We argue that perceived fairness of the income generation process affects the association between income inequality and subjective well-being, and that there are systematic differences in this regard between countries that are characterized by a high or, respectively, low level of actual...
Persistent link: https://www.econbiz.de/10011112607
the World Values Survey data and a broad set of fairness measures, we find strong support for the negative (positive …
Persistent link: https://www.econbiz.de/10008557077
the World Values Survey data and a broad set of fairness measures, we find strong support for the negative (positive …
Persistent link: https://www.econbiz.de/10008557081
The paper aims to estimate the Fisher index during the period 1994-1997 to explore how well the Laspeyres index can serve as the cost of living index. It is shown that the Laspeyres results in an upward substitution bias, and the bias appears to be higher for the ultra-poor and the poor. It...
Persistent link: https://www.econbiz.de/10008685154