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The ``Palma'' is the ratio of national income shares of the top 10 percent of households to the bottom 40 percent, reflecting Gabriel Palma's observation of the stability of the ``middle'' 50 percent share of income across countries so that distribution is largely a question of the tails. In...
Persistent link: https://www.econbiz.de/10010878121
Inequality in Mexico rose between 1989 and 1994 and declined between 1994 and 2010. We examine the role of market forces (demand and supply of labour by skill), institutional factors (minimum wages and unionization rate), and public policy (cash transfers) in explaining changes in inequality. We...
Persistent link: https://www.econbiz.de/10010878123
Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be associated with faster economic growth, other kinds, arising from unequal opportunities for investment, might be detrimental to economic progress. We construct two new metadata...
Persistent link: https://www.econbiz.de/10010878124
The paper defines the Gini index as the sum of individual contributions where individual contributions are interpreted as the degree of diversity of each individual from all other members of society. Among various possible forms of individual contributions to the Gini found in the literature, we...
Persistent link: https://www.econbiz.de/10010878125
This study examines empirically the impact of income polarization on economic growth in an unbalanced panel of more than 70 countries during the 1960–2005 period. We calculate various polarization indices using existing micro-level datasets, as well as datasets reconstructed from grouped data...
Persistent link: https://www.econbiz.de/10010878126
Demographic disparities between the rates of occurrence of an adverse economic outcome can be observed to be increasing even as general social improvements supposedly lead towards the elimination of the adverse outcome in question. Scanlan (2006) noticed this tendency and developed a...
Persistent link: https://www.econbiz.de/10010878127
In the context of Social Welfare and Choquet integration, we briefly review, on the one hand, the generalized Gini welfare functions and inequality indices for populations of n=2 individuals, and on the other hand, the Mobius representation framework for Choquet integration, particularly in the...
Persistent link: https://www.econbiz.de/10010878128
We put together the different conceptual issues involved in measuring inequality of opportunity, discuss how these concepts have been translated into computable measures, and point out the problems and choices researchers face when implementing these measures. Our analysis identities and...
Persistent link: https://www.econbiz.de/10010878129
We propose a characterisation of an aggregate measure of growth that takes into account the initial economic conditions of individuals. Our measure is a weighted average of individual income growth with weights that are decreasing with the rank of the individual in the initial income...
Persistent link: https://www.econbiz.de/10010878130
This paper develops a criterion of opportunity equalization, that is consistent with theoretical views of equality of opportunity. Our analysis rests on the characterization of inequality of opportunity as a situation where some groups in society enjoy an illegitimate advantage. In this context,...
Persistent link: https://www.econbiz.de/10010878131