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We provide annual estimates of inequality in monthly per capita household earnings in India over the period 2017/18 to 2022/23 based on analysis of India's Periodic Labour Force Surveys. Over the six years, the estimate of inequality as measured by the Gini coefficient is in the range of 0.40 to...
Persistent link: https://www.econbiz.de/10015358355
The key challenge in making distributional comparisons with ordinal data is the lack of commensurability of the distances between the ordered categories. This chapter provides a critical review of the most recent theoretical developments addressing this challenge and providing methods for...
Persistent link: https://www.econbiz.de/10012650402
This paper explores the perceptions of inequality and their associations with social mobility exploiting the ISSP and LiTS cross-country data sets. These perceptions vary across countries as well as across individuals within countries. We try to explain this variation by examining the diverse...
Persistent link: https://www.econbiz.de/10013040179
The relationship between inequality and happiness is counter-intuitive. This applies to both inequality in income and wealth distribution overall and also inequality at the very top of the wealth pyramid, as measured by billionaire intensity (the ratio of billionaire wealth to GDP). First,...
Persistent link: https://www.econbiz.de/10012869832
Non-intersection of appropriately-defined Generalized Lorenz (GL) curves is equivalent to a unanimous ranking of distributions of ordinal data by all Cowell and Flachaire (Economica 2017) indices of inequality and by a new index based on GL curve areas. Comparisons of life satisfaction...
Persistent link: https://www.econbiz.de/10012857839
Using four rounds (1999, 2002, 2005, 2008) of the Korean Labor and Income Panel Study (KLIPS), this article examines determinants of household income and consumption levels and inequalities. Unconditional as well as conditional stochastic dominance (SD) tests are performed by year, by household...
Persistent link: https://www.econbiz.de/10013061940
Is actual inequality accurately translated into people’s perceptions, and what are the genuine hopes of citizens? Our contribution offers insights into how the reality and two subjective dimensions of inequality, namely perceptions, and desires, interact. Using data from the Eurobarometer, we...
Persistent link: https://www.econbiz.de/10013305753
Using survey data from the China Family Panel Studies (CFPS) from 2010 to 2018, this paper analyzes the relationship between income inequality, group-specific income redistribution, and subjective well-being among China’s urban, rural, and migrant populations. Using narrowly defined reference...
Persistent link: https://www.econbiz.de/10014080052
Is actual income inequality accurately translated into people's perceptions, and what are the genuine hopes of citizens? Our contribution offers insights into how the reality and two subjective dimensions of income inequality, namely perceptions, and desires, interact. Using data from the...
Persistent link: https://www.econbiz.de/10014331395
We compare absolute, relative and intermediate views on the evolution of global inequality between 1980 and 2009. According to the relative view, inequality remains invariant after a uniform proportional change of all incomes whereas the absolute view requires invariance to a uniform change of...
Persistent link: https://www.econbiz.de/10014183629