Showing 1 - 10 of 69
Persistent link: https://www.econbiz.de/10012772620
Starting from the axiomatisation of polarisation contained in Esteban and Ray (1994)and Chakravarty and Majumdar (2001) we investigate whether people's perceptionsof income polarisation is consistent with the key axioms. This is carried out using aquestionnaire-experimental approach that...
Persistent link: https://www.econbiz.de/10012772156
Persistent link: https://www.econbiz.de/10012772160
Recent insights from the philosopher Larry Temkin have suggested a new basis for the measurement of income inequality, founded on the notion of individual complaints about income distribution. Under certain specifications of the relationship between complaints and personal incomes it can be...
Persistent link: https://www.econbiz.de/10012751548
Starting from the axiomatisation of polarisation contained in Esteban and Ray (1994) and Chakravarty and Majumdar (2001) we investigate whether people'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/10013317165
Inequality measures are often used to summarise information about empirical income distributions. However , the resulting picture of the distribution and of the changes in the distribution can be severely distorted if the data are contaminated. The nature of this distortion will in general...
Persistent link: https://www.econbiz.de/10010928608
We show how a collection of results in the literature on the empirical estimation of welfare indicators from sample data can be unified. We also demonstrate how some of these ideas can be extended to empirically important cases where the data have been trimmed or censored.
Persistent link: https://www.econbiz.de/10010746196
Distributional dominance criteria are commonly applied to draw welfare inferences about comparisons, but conclusions drawn from empirical implementations of dominance criteria may be influenced by data contamination.We examine a nonparametric approach to refining Lorenz-type comparisons and...
Persistent link: https://www.econbiz.de/10013130228
We examine the sensitivity of estimates and inequality indices to extreme values, in the sense of their robustness properties and of their statistical performance. We establish that these measures are very sensitive to the properties of the income distribution. Estimation and inference can be...
Persistent link: https://www.econbiz.de/10012772638
Distributional dominance criteria are commonly applied to draw welfare inferences about comparisons, but conclusions drawn from empirical implementations of dominance criteria may be influenced by data contamination. We examine a non-parametric approach to refining Lorenz-type comparisons and...
Persistent link: https://www.econbiz.de/10012772647