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Additive decomposability is an interesting feature of inequality indices which, however, is not always fulfilled; solutions to overcome such an issue have been given by Deutsch and Silber (2007) and by Di Maio and Landoni (2017). In this paper, we apply these methods, based on the 'Shapley value'...
Persistent link: https://www.econbiz.de/10011995219
In this paper, we study the finite sample accuracy of confidence intervals for index functional built via parametric bootstrap, in the case of inequality indices. To estimate the parameters of the assumed parametric data generating distribution, we propose a Generalized Method of Moment...
Persistent link: https://www.econbiz.de/10011995222
We present a flexible structural equation modeling (SEM) framework for the regression-based decomposition of rank-dependent indicators of socioeconomic inequality of health and compare it with simple ordinary least squares (OLS) regression. The SEM framework forms the basis for a proper use of...
Persistent link: https://www.econbiz.de/10011803082
Income inequality and poverty risks receive a lot of attention in public debates and current research. To make income comparable across different types of households, applying the "(modified) OECD scale" – an equivalence scale with fixed weights for each household type – has become a...
Persistent link: https://www.econbiz.de/10014501461
Equivalence scales are routinely applied to adjust the income of households of different sizes and compositions. Because of their practical importance for the measurement of inequality and poverty, a large number of methods for the estimation of equivalence scales have been proposed. Until now,...
Persistent link: https://www.econbiz.de/10014503787