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We investigate the properties of a family of social evaluation functions and inequality indices which merge the features of the family of Atkinson (1970) and S-Gini (Donaldson and Weymark (1980, 1983), Yitzhaki (1983) and Kakwani (1980)) indices. Income inequality aversion is captured by...
Persistent link: https://www.econbiz.de/10010335349
the Foundation of the Theory of Economic Policy, Macmillan, New York, 1987), who derive a sequential Lorenz dominance …
Persistent link: https://www.econbiz.de/10010335395
The link between income inequality and governmental redistribution is still subject to intense research and debate. Starting with the median-voter-hypothesis, a plethora of theoretical models have been developed during the last three decades to identify and explain possible causal relationships....
Persistent link: https://www.econbiz.de/10010335400
The effective income tax function is useful and practical methodology to analyze the relationship between income and tax amounts. It includes the measures of tax progressivity, the maximum effective tax rate, and horizontal inequity. We statistically estimated the effective income tax function...
Persistent link: https://www.econbiz.de/10010335423
theory against rival explanations based on international conflict and the development of new nations using survey data on … data on international conflict from the Correlates of War project. Only the diversionary theory of nationalism is supported …
Persistent link: https://www.econbiz.de/10010335517
The paper investigates how the income distribution affects the subjective well-being of society. Starting from the concept of a social welfare function defined on income distributions it assesses the preference for equality in European countries. It examines how mean income and the distribution...
Persistent link: https://www.econbiz.de/10010335528
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
Mandelbrot (1960) proposed using the so-called Pareto-Lévy class of distributions as a framework for representing income distributions. We argue in this paper that the Pareto-Lévy distribution is an interesting candidate for representing income distribution because its parameters are easy to...
Persistent link: https://www.econbiz.de/10010335592
Using a sample of 20 OECD countries it is shown that the majority of countries decreased the level of intragenerational redistribution in the first pillar of their pension systems, though the evidence is weak in statistical terms. We find strong correlations between changes of the so-called...
Persistent link: https://www.econbiz.de/10010335599
Panel attrition has not only the potential to bias population estimates but it may also inflate the variance of the estimates from panel surveys. Thus it is essential for an ongoing panel survey to monitor not only the size of the panel attrition and the potential biases that may occur but also...
Persistent link: https://www.econbiz.de/10010335701