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Lorenz curves and second-order dominance criteria are known to be sensitive to data contamination in the right tail of the distribution. We propose two ways of dealing with the problem: (1) Estimate Lorenz curves using parametric models for income distributions, and (2) Combine empirical...
Persistent link: https://www.econbiz.de/10005310317
In this paper we examine the concept of "vulnerability" (Townsend 1994) within thecontext of income mobility of the poor. We test for the dynamics of vulnerablehouseholds in the UK using Waves 1 - 12 of the British Household Panel Survey andfind that, of three different types of risks that we...
Persistent link: https://www.econbiz.de/10005151130
mobility measures; robustness; data contamination
Persistent link: https://www.econbiz.de/10005670742
The economic analysis of income distribution and related topics makes extensive use of dominance criteria to draw inferences about welfare comparisons. However it is possible that - just as some inequality statistics can be very sensitive to extreme values - conclusions drawn from empirical...
Persistent link: https://www.econbiz.de/10005670743
What are the principal issues on which research on income distributionand inequality focus? How might that focus shift in the immediate future?Prepared for the The Elgar Handbook of Socio-Economics.
Persistent link: https://www.econbiz.de/10005670744
We re-examine some of the standard axioms used in the literature on Poverty Measurement. Using a sample of 486 students from Australia, Israel and the USA we investigate the extent to which perceptions of poverty correspond to the axioms.
Persistent link: https://www.econbiz.de/10005670745
Inequality comparisons between countries and over time should take into account problems of data imperfection. We examine the contrasting experience of the UK and spain during the 1980s in terms of the distribution of disposable income. We consider whether the apparent divergence of inequality...
Persistent link: https://www.econbiz.de/10005670746
This article provides a brief overview of the key issues in inequality measurement andhas been prepared for inclusion in the second edition of The New Palgrave.
Persistent link: https://www.econbiz.de/10005670748
We examine individuals' distributional orderings in a number of contexts. This is done by using a questionnaire-experiment that is presented to respondents in any one of seven "flavours" or interpretations of the basic distributional problem. The flavours include inequality, risk, social welfare...
Persistent link: https://www.econbiz.de/10005670749
Using a newly available comprehensive micro-data set we examine changes in the shape of the Brazilian income distribution during the "lost decade" of the 1980s. We adopt alternative parametric and non-parametric approaches to modelling the distribution. We show that inequality changed...
Persistent link: https://www.econbiz.de/10005670750