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A theory for ranking distribution functions
Aaberge, Rolf; Havnes, Tarjei; Mogstad, Magne - 2014
We propose a general framework to unambiguously compare distributions functions in an economically interpretable way. Our framework provides complete ranking of any set of distributions and money metric interpretation of the social welfare level of a dominating distribution as compared to a...
Persistent link: https://www.econbiz.de/10011335590
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A Theory for Ranking Distribution Functions
Aaberge, Rolf; Havnes, Tarjei; Mogstad, Magne - 2013
When is one distribution (of income, consumption, or some other economic variable) more equal or better than another? This question has proven difficult to answer in situations where distribution functions intersect and no unambiguous ranking can be attained without introducing weaker criteria...
Persistent link: https://www.econbiz.de/10010329031
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A theory for ranking distribution functions
Aaberge, Rolf; Havnes, Tarjei; Mogstad, Magne - 2013
When is one distribution (of income, consumption, or some other economic variable) more equal or better than another? This question has proven difficult to answer in situations where distribution functions intersect and no unambiguous ranking can be attained without introducing weaker criteria...
Persistent link: https://www.econbiz.de/10011968533
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A theory for ranking distribution functions
Aaberge, Rolf; Havnes, Tarjei; Mogstad, Magne - 2014 - This version September 2014
We propose a general framework to unambiguously compare distributions functions in an economically interpretable way. Our framework provides complete ranking of any set of distributions and money metric interpretation of the social welfare level of a dominating distribution as compared to a...
Persistent link: https://www.econbiz.de/10010402566
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A theory for ranking distribution functions
Aaberge, Rolf; Havnes, Tarjei; Mogstad, Magne - 2013
When is one distribution (of income, consumption, or some other economic variable) more equal or better than another? This question has proven difficult to answer in situations where distribution functions intersect and no unambiguous ranking can be attained without introducing weaker criteria...
Persistent link: https://www.econbiz.de/10010212989
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A Theory for Ranking Distribution Functions
Aaberge, Rolf; Havnes, Tarjei; Mogstad, Magne - Institute for the Study of Labor (IZA) - 2013
When is one distribution (of income, consumption, or some other economic variable) more equal or better than another? This question has proven difficult to answer in situations where distribution functions intersect and no unambiguous ranking can be attained without introducing weaker criteria...
Persistent link: https://www.econbiz.de/10010884192
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A theory for ranking distribution functions
Aaberge, Rolf; Havnes, Tarjei; Mogstad, Magne - Statistisk Sentralbyrå, Government of Norway - 2013
When is one distribution (of income, consumption, or some other economic variable) more equal or better than another? This question has proven difficult to answer in situations where distribution functions intersect and no unambiguous ranking can be attained without introducing weaker criteria...
Persistent link: https://www.econbiz.de/10010720124
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A Theory for Ranking Distribution Functions
Aaberge, Rolf; Havnes, Tarjei; Mogstad, Magne - Økonomisk institutt, Universitetet i Oslo - 2014
We propose a general framework to unambiguously compare distributions functions in an economically interpretable way. Our framework provides complete ranking of any set of distributions and money metric interpretation of the social welfare level of a dominating distribution as compared to a...
Persistent link: https://www.econbiz.de/10011095063
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The median as watershed
Aaberge, Rolf; Atkinson, Anthony B. - 2013
This paper is concerned with concepts - poverty, inequality, affluence, and polarization - that are typically treated … preserve both the mean and the median, and the importance of distinguishing between transfers across the median and transfers … on one side of the median. The aim of the paper is to bring out some of the implications of adopting the median as a …
Persistent link: https://www.econbiz.de/10011968519
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The median as watershed
Aaberge, Rolf; Atkinson, A B - Statistisk Sentralbyrå, Government of Norway - 2013
This paper is concerned with concepts – poverty, inequality, affluence, and polarization – that are typically treated … preserve both the mean and the median, and the importance of distinguishing between transfers across the median and transfers … on one side of the median. The aim of the paper is to bring out some of the implications of adopting the median as a …
Persistent link: https://www.econbiz.de/10010720125