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We present three generalized, empirical, economic inequality definitions for the empirical dominance of the income distribution of Population 1 over that of Population 2 with respect to their n-person economy in terms of a general transformation function G. These definitions are based on the...
Persistent link: https://www.econbiz.de/10010720163
This paper explains how to build Lorenz Curves for income distributions and discusses their use for inequality measurement. A short conceptual background, a step-by-step procedure and a simple numerical example illustrate how to calculate and draw Lorenz Curves. A discussion on the use of Lorenz...
Persistent link: https://www.econbiz.de/10008919738
This paper illustrates how Crossing Generalised Lorenz (GL) curves can be used to identify the best income distribution on social welfare grounds within a set of alternative income distributions generated by different policy options. It starts by illustrating two alternative income distributions...
Persistent link: https://www.econbiz.de/10008924809
This paper illustrates how Lorenz Curves can be used to identify the best income distribution on social welfare grounds, within a set of alternative income distributions generated by different policy options. After highlighting some drawbacks of using specific functional forms of the Social...
Persistent link: https://www.econbiz.de/10009004151
The study of poverty and its quantification is a critical yet unresolved problem in social science. This work seeks to use a new composite indicator to assess poverty as a multidimensional concept. However, subjective decisions, such as various weighting systems on the indicator's creation, may...
Persistent link: https://www.econbiz.de/10013199883
The study of poverty and its quantification is a critical yet unresolved problem in social science. This work seeks to use a new composite indicator to assess poverty as a multidimensional concept. However, subjective decisions, such as various weighting systems on the indicator's creation, may...
Persistent link: https://www.econbiz.de/10012631721
The degree of choice households have over their consumption expenditure is critical in deciding their economic class. Applying our measure to Egyptian household budget surveys, we estimate the population size of the middle class in Egypt and assess their well-being in the period 1995-2011. Our...
Persistent link: https://www.econbiz.de/10011418618
Despite record economic growth in the decade that followed the fall of the Taliban regime, poverty remained stubbornly high in Afghanistan, and especially so in regions that suffered less from conflict. This paper aims to explain this puzzle by combining a model of conflict intensity at the...
Persistent link: https://www.econbiz.de/10012140778
Poverty declined substantially in Mozambique between 1996/97 and 2014/15. However, the recent economic crisis, characterized by a significant increase in domestic prices, may have dragged several households into poverty. Using consumer price index and 2014/15 household budged survey data, we...
Persistent link: https://www.econbiz.de/10011943868
This paper decomposes differences between the official poverty estimates of Malawi and a set of revised estimates by Pauw et al. (2016, forthcoming) with respect to five methodological differences: (i) the use of a revised set of unit conversion factors; (ii) the specification and use of...
Persistent link: https://www.econbiz.de/10011440651