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We characterize a generalization of the linear index of individual deprivation. Our class allows for an income increase of a higher-income individual to have a stronger impact the closer they occur to the income of the person under consideration.
Persistent link: https://www.econbiz.de/10010743735
We propose and characterize a generalization of the classical linear index of individual deprivation based on income shortfalls. Unlike the original measure, our class allows for increases in the income of a higher-income individual to have a stronger impact on a person’s deprivation the...
Persistent link: https://www.econbiz.de/10010616517
We propose and characterize a generalization of the classical linear index of individual deprivation based on income shortfalls. Unlike the original measure, our class allows for increases in the income of a higher-income individual to have a stronger impact on a person’s deprivation the...
Persistent link: https://www.econbiz.de/10011098376