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This paper explains how to build Lorenz Curves for income distributions and discusses their use for inequality measurement. A short conceptual background, a step-by-step procedure and a simple numerical example illustrate how to calculate and draw Lorenz Curves. A discussion on the use of Lorenz...
Persistent link: https://www.econbiz.de/10008919738
This paper illustrates how Crossing Generalised Lorenz (GL) curves can be used to identify the best income distribution on social welfare grounds within a set of alternative income distributions generated by different policy options. It starts by illustrating two alternative income distributions...
Persistent link: https://www.econbiz.de/10008924809
In recent years, an ample literature has emerged on the evolution of global inequality during the last two decades. A few stylized facts emerge. If one weights countries by their population, then inequality across countries has declined. However, if one treats countries equally – as in the...
Persistent link: https://www.econbiz.de/10005022496
Is income equality a precondition for higher school performance and higher educational mobility? Or is the opposite true? We test empirically whether school performance and intergenerational transmission of educational attainment is depending on income equality on the local level. Using Swiss...
Persistent link: https://www.econbiz.de/10008835205
In this paper I will analyse the redistribution of income amongst n generations using the Single-mindedness Theory. I will introduce a new expression for the balanced-budget constraint, no longer based on lump- sum transfers as in the traditional literature, but rather on more realistic labour...
Persistent link: https://www.econbiz.de/10005835397
This paper looks at the incidence of fiscal policy on the income distribution for Chile and Mexico. Notably by broadening the income concept to account for in-kind benefits and taxes, this paper provides a full picture of the effect of fiscal policy on reducing income inequality. The contrast...
Persistent link: https://www.econbiz.de/10011276688
« Social freedom » and the respect of corresponding rights, as well as Pareto efficiency (a priori required by democracy), imply that taxes and subsidies (re)distributing income are based on given « natural resources », the main of which ?'by very far?' consists of individuals?' productive...
Persistent link: https://www.econbiz.de/10008578629
This paper illustrates how Lorenz Curves can be used to identify the best income distribution on social welfare grounds, within a set of alternative income distributions generated by different policy options. After highlighting some drawbacks of using specific functional forms of the Social...
Persistent link: https://www.econbiz.de/10009004151
This paper surveys the recent literature on the methodologies that have been used to evaluate the distributive and poverty effects of trade liberalization in Latin America. Our survey classifies the large number of papers on the subject according to the welfare measure they use: inequality (on...
Persistent link: https://www.econbiz.de/10004965374
If redistribution is distortionary, and if the income of skilled workers is due to knowledge-intensive activities and depends positively on intellectual property, a social planner which cares about income distribution may in principle want to use a reduction in Intellectual Property Rights...
Persistent link: https://www.econbiz.de/10005791837