Showing 1 - 10 of 72
This paper adopts a counterfactual decomposition analysis to analyse cross-country differences in the size of household … wealth and levels of household wealth inequality. The findings of the paper suggest that the biggest share of cross …
Persistent link: https://www.econbiz.de/10011126314
Starting from the axiomatisation of polarisation contained in Esteban and Ray (1994) and Chakravarty and Majumdar (2001) we investigate wheather paople's perceptions of income polarisation is consistent with the key axioms. This is carried out using a questionnaire-experimental approach that...
Persistent link: https://www.econbiz.de/10005822085
Building on previous studies on perceptions of inequality, welfare and risk we investigate the structure of individuals …
Persistent link: https://www.econbiz.de/10010744849
Theil’s information-theoretic approach to the measurement of inequality (Theil 1967) is set in the context of … inequality measures. It is thus closely related to a number of other commonly used families of inequality measures. …
Persistent link: https://www.econbiz.de/10010745033
responses suggest that important axioms which serve to differentiate polarisation from inequality - e.g. increased …
Persistent link: https://www.econbiz.de/10010745093
Inequality measures are powerful tools of applied welfare analysis. However, to use the tools effectively one has to … statistical problems which are addressed here for both micro-data and group data. The theoretical properties of inequality …
Persistent link: https://www.econbiz.de/10010745474
The techniques of simple random sampling are seldom appropriate in the empirical analysis of income distributions. Various types of weighting schemes are usually required either from the point of view of welfare-economic considerations (the mapping of household/family distributions into...
Persistent link: https://www.econbiz.de/10010745529
At the heart of any distributional analysis there is the problem of allowing for differences in people's non-income characteristics. We examine the role of standard equivalence scales in distributional comparisons and the welfare implications of the basis for constructing equivalence scales. We...
Persistent link: https://www.econbiz.de/10010745936
Orderings of income distribution in terms of inequality should be closely related to orderings in terms of risk. Using …' distributional perceptions. We show that in terms of both inequality and risk individuals consistently reject one of the standard … axioms of distributional comparison. Moreover, there are significant differences in the 'maps' of inequality and risk …
Persistent link: https://www.econbiz.de/10010746203
"reduced-form" version that is expressed in terms of inequality and mean income. This shows the relationship between the … class of inequality measures that includes the Gini. These results do not require differentiability of the social …
Persistent link: https://www.econbiz.de/10010746382