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This paper extends the previous literature on the normative links between the measurement of poverty, social welfare … and inequality. We show how, when the range of possible poverty lines is unbounded above, a robust ranking of absolute … poverty may be interpreted as a robust ranking of social welfare, and a robust ranking of relative poverty may be interpreted …
Persistent link: https://www.econbiz.de/10005609442
for comparing relative poverty. The results warn against the use of some popular indices of inequality.\ They do, however … poverty and restricted inequality. We also illustrate graphically how the new criteria of restricted inequality dominance …
Persistent link: https://www.econbiz.de/10005642138
Our aim is to explore how wages inequalities translate into standard of living inequalities in different European countries. Wage inequalities are measured at the individual level. They can be increased or reduced by two institutions: the household and the tax-benefit system. Standards of living...
Persistent link: https://www.econbiz.de/10010756969
Our aim is to explore how wages inequalities translate into standard of living inequalities in different European countries. Wage inequalities are measured at the individual level. They can be increased or reduced by two institutions: the household and the tax-benefit system. Standards of living...
Persistent link: https://www.econbiz.de/10010764807
and ranges of poverty lines. We then provide statistical procedures that rely on the use of sample data to infer whether …
Persistent link: https://www.econbiz.de/10005467347
Income variablity reduces social welfare if individuals are risk averse, and it is likely to increase inequality if poorer households are more vulnerable to shocks. Using a simple method to estimate risk-adjusted measures of inequality and welfare and wage data from Mexico, this note shows that...
Persistent link: https://www.econbiz.de/10005770810