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Instead of Inequality analysis sometimes neglects the problem of allowing differences in people's non-income characteristics in the comparison of income distribution, I would say, At the heart of any distributional analysis there is the problem of allowing for differences in people's non-income...
Persistent link: https://www.econbiz.de/10005310311
This paper employs a decomposition analysis of inequality by income source to understand and explain particular aspects of income inequality in Greece. The results suggest that entrepreneurial income is the most significant contributor to overall inequality in Greece. It is also shown that there...
Persistent link: https://www.econbiz.de/10005310313
Orderings of income distribution in terms of inequality should be closely related to orderings in terms of risk. Using a novel mult-country questgionnaire experiment we examine the basis for this claim in terms of respondents' distributional perceptions. We show that in terms of both inequality...
Persistent link: https://www.econbiz.de/10005310315
This paper examines how people assess inequality of an income distribution and how inequality could be measured. We start from philosophical analysis of L Temkin who distinguishes nine plausible aspects of inequality. His approach is based on the concept of 'complaints' or distances between...
Persistent link: https://www.econbiz.de/10005670752
The analysis of inequality is placed in the context of recent developments in economics and statistics. Prepated for Handbook of Income Distribution, edited by A B Atkinson and F Bourguignon.
Persistent link: https://www.econbiz.de/10005670753
This paper investigates the relationship between growth and inequality from a demographicpoint of view. In an extended model of the accidental bequest with endogenous fertility, weanalyze the effects of a decrease in the old-age mortality rate on the equilibrium growth rateas well as on the...
Persistent link: https://www.econbiz.de/10005670761
Inequality aversion and risk aversion are widely assumed features of economic models. But a review of the literature revealed that inequlity aversion and risk aversion are treated as separate variables. This paper presents exploratory research designed to separate inequality aversion from risk...
Persistent link: https://www.econbiz.de/10005670764
When families reform there are implications for the income distribution through a number of economic mechanisms: income sharing, changes in household need, reweighting the distribution. These changes are distinct from those that generate changes in factor income or transfers and may affect...
Persistent link: https://www.econbiz.de/10005670767
We develop two simple measures of how much inequality is explained by individual population characteristics or groups of characteristics, analogous to R2 in regression analysis. We investigate the measures' empirical implementation using several alternative theoretically consistent approaches to...
Persistent link: https://www.econbiz.de/10005797447
Using a simple axiomatic structure we characterise two classes ofinequality indices - absolute and relative - that take into account "envy"in the income distribution. The concept of envy incorporated hereconcerns the distance of each person's income from his or herimmediately richer neighbour....
Persistent link: https://www.econbiz.de/10005797453