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Persistent link: https://www.econbiz.de/10011652528
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This paper applies generalized Lorenz analysis to income distributions of ten countries using advanced statistical procedures to construct confidence bands around estimates and to generate truncated generalized Lorenz curves to construct a poverty ordering of the countries.
Persistent link: https://www.econbiz.de/10011652771
This paper studies how the structure and quality of education influence occupational choices and the distribution of wages. Structure refers to the age at which children are streamed into specialized programs as well as the proportion of students placed in each stream. The Roy (1951) model of...
Persistent link: https://www.econbiz.de/10011652884
Relative poverty lines such as one-half of median income have been widely used in poverty comparisons. The U.S. government has also been urged to adopt the notion of relative poverty lines. This paper contributes to the literature by developing statistical inferences for testing poverty measures...
Persistent link: https://www.econbiz.de/10011652893
We derive the asymptotic sampling distribution of various estimators frequently used to order distributions in terms of poverty, welfare and inequality. This includes estimators of most of the poverty indices currently in use, as well as estimators of the curves used to infer stochastic...
Persistent link: https://www.econbiz.de/10011652907
This paper develops the link between poverty and inequality by focusing on a class of poverty indices (some of them well-known) which aggregate normative concerns for absolute and relative deprivation. The indices are distinguished by a parameter that captures the ethical sensitivity of poverty...
Persistent link: https://www.econbiz.de/10011652939
A preliminary step in the measurement of inequality regards the choice of the index to use. Several indices exist, each one responding to a built-in aversion to inequality, and the choice affects conclusions. But how much? And in which way? We test the ranking correlation between inequality...
Persistent link: https://www.econbiz.de/10011652955
This paper examines the interactions between household matching, inequality, and per capita income. We develop a model in which agents decide whether to become skilled or unskilled, form households, consume and have children. We show that the equilibrium sorting of spouses by skill type (their...
Persistent link: https://www.econbiz.de/10011653009
In many OECD countries income inequality has risen, but surprisingly re-distribution as well. The theory attributes …
Persistent link: https://www.econbiz.de/10011653025