We provide a simple proof of Foster's (1983) characterization of the Theil inequality index.

We axiomatically characterize the Theil ordering of income inequality. In addition to the uncontroversial axioms of anonymity, homogeneity, replication invariance, strong directedness, and a standard continuity property, we appeal to both an independence and a decomposability axioms. These two...

Income inequality is one of the most important issues in the economic literature. Since the 1980s, in line with neoliberal model, income inequality has increased both between and within countries. However, it is not easy to have high quality data for long period of time particulary for the...

In this paper, we consider production economies with possibly unequal production skills and with possibility of technological innovations, in which resource allocations are determined via bargaining among individuals. We define the Nash bargaining solution as the (bargaining) allocation rule...

This paper presents and characterizes a two-parameter class of inequality measures that contains the generalized entropy measures, the variance of logarithms, the path independent measures of Foster and Shneyerov (1999) and several new classes of measures. The key axiom is a generalized form of...

We consider a cost sharing problem among agents on a line. The problem is closely related to the classic airport game, but in our model agents are characterized by their location, rather than their needed runway length. We characterize a family of cost allocation rules in which agents pay a...

This paper approaches the problem of inequalities in China. It is specifically focused on analyzing the effects of intra-provincial disparities on provincial economic development. Rising inequalities have been widely discussed in the literature on the examples of fast growing developing...

Increasing income inequality has made economists focus on income mobility issue which enables individuals to relocate their income position up to higher income groups. Income mobility and its effects on inequalities have begun to be investigated following 2000s and rather for developed countries...

This paper analyses the effects of the recent Economic Crisis on individual preferences for redistribution in 23 European countries. After implementing a decomposition of the variation in these preferences, it is showed that the crisis was highly significant in increasing support for...

A growing concern on widening income gap between the rich and the poor, the policy mismatch in tackling the relative poverty and income inequality have invited increasing volumes of research focusing on the nexus between equity and efficient growth. Developed countries have experienced the...