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This paper shows how distance functions, a tool typically employed in production economics to measure the distance between a set of inputs and a set of outputs, can be employed to approximate a composite measure encompassing the many dimensions of well-being. It also illustrates how to implement...
Persistent link: https://www.econbiz.de/10010267478
This paper is concerned with the problem of ranking and quantifying the extent of deprivation exhibited by multidimensional distributions, where the multiple attributes in which an individual can be deprived are represented by dichotomized variables. To this end we first aggregate deprivation...
Persistent link: https://www.econbiz.de/10010282493
fairness principles, namely equality of opportunity and freedom from poverty, into a joint measure of unfair inequality. Two … inequality. Second, average unfair inequality doubles when complementing the ideal of an equal opportunity society with poverty …
Persistent link: https://www.econbiz.de/10011887379
fairness principles, namely equality of opportunity and freedom from poverty, into a joint measure of unfair inequality. Two … inequality. Second, average unfair inequality doubles when complementing the ideal of an equal opportunity society with poverty …
Persistent link: https://www.econbiz.de/10011931566
poverty. We provide two empirical applications of our measure. First, we analyze the development of inequality in the US from …
Persistent link: https://www.econbiz.de/10012227047
poverty. We provide two empirical applications of our measure. First, we analyze the development of inequality in the US from …
Persistent link: https://www.econbiz.de/10012290363
Equality of opportunity is a principle of justice that is built on two fundamental ideas. On the one hand, outcome differences across individuals are unacceptable if they are rooted in factors that are beyond individual control. Examples of such circumstance characteristics are the biological...
Persistent link: https://www.econbiz.de/10012484753
Unter Berücksichtigung neuer Informationen zu regionalen Preisniveaus in Deutschland fallen die realen Einkommensunterschiede zwischen West- und Ostdeutschland geringer aus als bisher berechnet. Nach Daten des Sozio-oekonomischen Panel (SOEP) und den vom Bundesamt für Bauwesen und Raumordnung...
Persistent link: https://www.econbiz.de/10011602108
This paper focuses on the importance data issues to the analysis of growth, poverty and economic inequality. We … introduce a number of major databases frequently used in applied research on growth, poverty and global and international … inequality. A discussion of data quality, data consistency, variable definitions and measurement, changing population and …
Persistent link: https://www.econbiz.de/10010262015
In many countries extreme poverty is unnecessary. Yet it persists. We propose a simple index, denoted the Miser index …, to measure the extent to which societies have poverty in the midst of affluence. It builds on the generalized Lorenz …
Persistent link: https://www.econbiz.de/10010275899