counterfactual simulations. We start by decomposing changes in inequality/poverty indices into three contributions: reforms of the … (benefit amounts, tax bands, etc.), and all other changes in the underlying population (market income inequality, demographic …-benefit changes on inequality when evaluated against a distributionally-neutral benchmark, i.e. a situation where tax …

Using counterfactual microsimulations, Shapley decompositions of time change in inequality and poverty indices make it … distributional evaluation of policy reforms. An application to the UK (1998-2001) confirms previous findings that inequality and … among families with children and pensioners. -- Tax-benefit policy ; Inequality ; Poverty ; Shapley decomposition …

1998-2001 period have offset the increase in inequality that would have occurred otherwise. They also contribute to a … policy changes. -- Tax-benefit policy ; Inequality ; Poverty ; Shapley value decomposition ; Labour supply ; Behavioural …

In this paper, the method of deriving the parameter ε of inequality aversion from a parametric distribution of incomes … constant inequality aversion utility function and that incomes obey the generalised beta distribution of the second kind GB2(a …) interval. The mid-point εmid of this interval specifies inequality aversion of the median socialdecision maker. The maximum …

distributions. Social planners commonly use two SWFs: SWFε implied by income inequality aversion (ε) and SWFv implied by rank … inequality aversion (v). However, a voluntary choice of ε or v may result in inconsistent assessments of social welfare embodied … consistent assessments of social welfare, inequality and poverty embodied in a given income distribution. Methods: We propose …

presence of inequality, however, it deviates or refracts from the ideal condition. In this paper, I try to measure economic … inequality from the index of refraction. First, I compute such an index for each stratum to evaluate condition in each and then … add all to propose an overall measure of economic inequality, which appears to be a standardised measure of the length of …

the population, and so economic growth. To our knowledge, this is the only possibility for the inequality to be "bought …