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This paper revisits the earlier assessments of the Palma Proposition and the ‘Palma Ratio’. The former is a proposition that currently changes in income or consumption inequality are (almost) exclusively due to changes in the share of the richest 10 per cent and poorest 40 per cent because...
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This paper reviews methods for studying dominance and inequality in health economics. It concentrates on "pure inequality" as opposed to inequality which is related to income or some other measure of household resources. The paper reviews methods for cases when health can be measured cardinally...
Persistent link: https://www.econbiz.de/10009733131
This article analyzes the determinants of market income distribution and governmental redistribution. The dependent variables are LIS data on market income inequality (measured by the Gini index) for households with a head aged 25 to 59 and the percent reduction in the Gini index by taxes and...
Persistent link: https://www.econbiz.de/10010226099
An ideal state of development, when viewed with fantasy, is nothing but a state or condition where light touches everybody without refraction. The diagonal line of the Lorenz Curve Framework represents such an ideal condition. In the presence of inequality, however, it deviates or refracts from...
Persistent link: https://www.econbiz.de/10011525663
Index of refraction is found to be a good measure of economic inequality within the Lorenz curve framework. It has origin in geometrical optics, where it measures bending of a ray of light passing from one transparent medium into another. As light refracts according to characteristics of...
Persistent link: https://www.econbiz.de/10011525674
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In this paper, we propose to use the so-called Sen-Shorrocks poverty index (Shorrocks, 1995) to measure multidimensional deprivation when only dichotomous variables are available to assess deprivation in the various deprivation domains, the most common case in the literature, and introduce a...
Persistent link: https://www.econbiz.de/10012601360