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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/10010260745
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/10010272338
Specific functional forms are often used in economic models of distributions;goodness-of-fit measures are used to assess whether a functional form is appropriatein the light of real-world data. Standard approaches use a distance criterion based onthe EDF, an aggregation of differences in...
Persistent link: https://www.econbiz.de/10005871007
We examine the performance of measures of mobility when allowance ismade for the possibility of data contamination. We find that “singlestage”indices – those that are applied directly to a sample from amultivariate income distribution – usually prove to be non-robust in theface of...
Persistent link: https://www.econbiz.de/10008756556
We address a puzzle in welfare economics - the possibility that rational people maybe simultaneously against two apparently conflicting forms of “tyranny”. In fact thetwo types of tyranny can be reconciled but at the possible cost of conflict with otherstandard welfare principles. We examine...
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