Showing 1 - 10 of 16
We provide a characterization of the generalised satisfaction - in our terminology nondeprivation - quasi-ordering introduced by S.R. Chakravarty (Keio Economic Studies 34 (1997), 17-32) for making welfare comparisons based on the absence of deprivation. We show that the non-deprivation...
Persistent link: https://www.econbiz.de/10010335534
The distribution of gross income net of taxes and transfers - or equivalenty consumption - is generally considered a reasonable approximation of the distribution of well-being in the society. One typically observes differing trends in the distribution of gross incomes across countries or within...
Persistent link: https://www.econbiz.de/10010435661
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Persistent link: https://www.econbiz.de/10011546662
Persistent link: https://www.econbiz.de/10011543002
The distribution of gross income net of taxes and transfers - or equivalenty consumption - is generally considered a reasonable approximation of the distribution of well-being in the society. One typically observes differing trends in the distribution of gross incomes across countries or within...
Persistent link: https://www.econbiz.de/10010442772
Persistent link: https://www.econbiz.de/10012017483
This paper examines the changes in social welfare in Singapore using Labour Force Survey data. To study the changes and dominance, both ordinal and cardinal measures are used. By Lorenz Dominance social welfare in Singapore during 1999 is less than in 1991 while unambiguous conclusion cannot be...
Persistent link: https://www.econbiz.de/10005292521
This article provides a simple proof of the Lorenz dominance criterion for two non-decreasing income transformations. The criterion is extended the most general case, with only very mild restrictions on the form of initial income distribution or the properties of the income transformations.
Persistent link: https://www.econbiz.de/10005220908
Stochastic dominance and Lorenz dominance are examples of orderings which require unanimous agreement among an infinite set of indices. This paper considers various subsets of inequality measures that respect Lorenz dominance, and assesses the extent to which a small number of indices can...
Persistent link: https://www.econbiz.de/10010863103