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is proposed. It is assumed that a social decision-maker appraises welfare in income distributions by means of the …
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consistent assessments of social welfare, inequality and poverty embodied in a given income distribution. Methods: We propose …Research background: Applied welfare economics offers various social welfare functions (SWF) for appraising income … distributions. Social planners commonly use two SWFs: SWFε implied by income inequality aversion (ε) and SWFv implied by rank …
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This paper explores the question of structural transformation and income distribution through the eyes of the pioneer … and income distribution …
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survey sample using information that is 'encoded' in the estimated parameters of a country's personal income distribution … bimodality disappeared in subsequent years. Inequality and poverty decreased in accordance with a three-phase pattern over the … period. Whether clones are scaled to GDP or HFCE matters when evaluating inequality and poverty levels, but not when …
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