Showing 1 - 10 of 12
We axiomatically characterize two classes of poverty measures which are sensitive to inequality of opportunity - one a strict subset of the other. The proposed indices are sensitive not only to income shortfalls from the poverty line, but also to differences in opportunities faced by people with...
Persistent link: https://www.econbiz.de/10010878115
Building on earlier work by political philosophers, economists have recently sought to define a concept of equity that accommodates the fairness of reward to individual responsibility and effort, while allowing for the existence of some inequalities which are unfair and should be compensated....
Persistent link: https://www.econbiz.de/10011235048
In this paper, we introduce and apply a general framework for evaluating long-term income distributions according to the Equality of Opportunity principle. Our framework allows for both an exante and an ex-post approach to EOp. Our ex-post approach relies on a permanent income measure defined as...
Persistent link: https://www.econbiz.de/10008512115
In 2001 the Italian tertiary education system embarked in a broad process of reform. The main novelty brought by the reform was a reduction of the length of study to get a first level degree together with the introduction of a 2-years, second level, master degree. This paper aims at studying the...
Persistent link: https://www.econbiz.de/10008495151
This paper analyses the extent of income inequality and opportunity inequality in 25 European countries. The present work contributes to understanding the origin of standard income inequality, helping to identify potential institutional setups that are associated to opportunity inequality. We...
Persistent link: https://www.econbiz.de/10008495155
We study the difference between the ex post and the ex ante perspectives in equality of opportunity (EOp), and the possibility of a clash between them. We argue that ex ante EOp is a potential trap because someone motivated by ex post EOp may be led to believe that ex ante EOp is another natural...
Persistent link: https://www.econbiz.de/10008479575
We address the problem of ranking distributions of opportunity sets in terms of poverty. In order to accomplish this task, we identify a suitable notion of ‘multidimensional poverty line’ and we characterize axiomatically several poverty rankings of opportunity profiles. Among them, the...
Persistent link: https://www.econbiz.de/10005000069
This paper proposes a definition of equality of educational opportunities. Then, it develops a comprehensive model that allows to test for the existence of equality of opportunity in a given distribution and to rank distributions according to equality of opportunity. Finally, it provides an...
Persistent link: https://www.econbiz.de/10005413421
In this paper we argue that a better understanding of the relationship between inequality and growth can be obtained by shifting the analysis from the space of final achievements to the space of opportunities. To this end, we introduce the Opportunity Growth Incidence Curve (OGIC) that can be...
Persistent link: https://www.econbiz.de/10010627589
This paper addresses the problem of the normative evaluation of income tax systems and income tax reforms. While most of the existing criteria, framed in the utilitarian tradition, are uniquely based on information about individual incomes, this paper, building upon the opportunity egalitarian...
Persistent link: https://www.econbiz.de/10011103405