Showing 1 - 10 of 14
The scope of this paper is to celebrate the 100th anniversary of the Gini index by providing the original formulae. Corrado Gini introduced his index for the first time in a 1912 book published in Italian under the name of “Variabilità e Mutabilità” (Variability and Mutability). This...
Persistent link: https://www.econbiz.de/10010989199
The paper defines the Gini index as the sum of individual contributions where individual contributions are interpreted as the degree of diversity of each individual from all other members of society. Among various possible forms of individual contributions to the Gini found in the literature, we...
Persistent link: https://www.econbiz.de/10010878125
“Growth is good for the poor” is a ubiquitous statement and one generally backed by theory, research and history. In the long-run, growth reduces poverty. Yet, growth in output - per se - is neither a necessary nor a sufficient condition for poverty reduction in the short-term. The paper...
Persistent link: https://www.econbiz.de/10011213141
This paper proposes two new indices of relative deprivation, derived from an extension of the concept of the generalized Gini for the measurement of distributional change. Population- and income-weighted relative deprivation indices are then defined and, using panel data from the Consortium of...
Persistent link: https://www.econbiz.de/10009394292
By all accounts, income inequality in Egypt is low and had been declining during the decade that preceded the 2011 revolution. As the Egyptian revolution was partly motivated by claims of social injustice and inequalities, this seems at odds with a low level of income inequality. Moreover, while...
Persistent link: https://www.econbiz.de/10010829798
The paper provides a review of the empirical literature in economics that has attempted to test the relative income hypothesis as put forward by Duesemberry (1949) and the relative deprivation hypothesis as formalized by Runciman (1966). It is argued that these two hypotheses and the empirical...
Persistent link: https://www.econbiz.de/10010829831
This paper attempts to explicitly integrate the idea of reference group when measuring relative deprivation. It assumes that in assessing her situation in society an individual compares herself with individuals whose environment can be considered as being similar to hers. By environment we mean...
Persistent link: https://www.econbiz.de/10008526984
The paper focuses on satisfaction with income and proposes a utility model built on two value systems, the `Ego' system - described as one own income assessment relatively to one own past and future income - and the `Alter' system - described as one own income assessment relatively to a...
Persistent link: https://www.econbiz.de/10008526992
The paper uses a range of methods to assess changes in income, poverty and income distribution between 2001 and 2002 in Kazakhstan. It is found that outstanding GDP growth has been translated into very modest growth in mean household income. However, both income poverty and inequality have...
Persistent link: https://www.econbiz.de/10004975853
The paper defines the Gini index as the sum of individual contributions where individual contributions are interpreted as the degree of diversity of each individual from all other members of society. Among various possible forms of individual contributions to the Gini found in the literature,...
Persistent link: https://www.econbiz.de/10010736517