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We use the delta method to derive the large sample distribution of multidimensional inequality indices. We also present a simple method for computing standard errors and obtain explicit formulas in the context of two families of indices.
Persistent link: https://www.econbiz.de/10008838707
Subgroup decomposability is a very useful property in an inequality measure, and level-sensitivity, which requires a given level of inequality to acquire a greater significance the poorer a population is, is a distributionally appealing axiom for an inequality index to satisfy. In this paper,...
Persistent link: https://www.econbiz.de/10010304427
Subgroup Decomposability is a very useful property in an inequality measure, and level-sensitivity, which requires a given level of inequality to acquire a greater significance the poorer a population is, is a distributionally appealing axiom for an inequality index to satisfy. In this paper,...
Persistent link: https://www.econbiz.de/10010305982
Subgroup Decomposability is a very useful property in an inequality measure, and level-sensitivity, which requires a given level of inequality to acquire a greater significance the poorer a population is, is a distributionally appealing axiom for an inequality index to satisfy. In this paper,...
Persistent link: https://www.econbiz.de/10009246862
Subgroup decomposability is a very useful property in an inequality measure, and level-sensitivity, which requires a given level of inequality to acquire a greater significance the poorer a population is, is a distributionally appealing axiom for an inequality index to satisfy. In this paper,...
Persistent link: https://www.econbiz.de/10009647559
This paper introduces a class of intermediate inequality indices, I(?, ?), that is at the same time ray-invariant and unit-consistent. These measures permit us to keep some of the good properties of Krtscha’s (1994) index while keeping the same “centrist” attitude whatever the income...
Persistent link: https://www.econbiz.de/10005413367
Most of the polarization measures proposed in the literature, and likewise the inequality and poverty indices, assume some invariance condition, be that scale, translation or intermediate, which imposes value judgements on the measurement. In the inequality and poverty fields, B. Zheng suggests...
Persistent link: https://www.econbiz.de/10005413391
An income inequality measure satisfies the Pigou-Dalton transfer principle if progressive transfers decrease income inequality. When transfers cause transaction costs, one can trace out the maximum leakage such that the transfer pays at the margin. An income inequality measure is leaky-bucket...
Persistent link: https://www.econbiz.de/10005413403
The purpose of this paper is to analyze the advantages and disadvantages of several intermediate inequality measures, paying special attention to whether inequality rankings between income distributions are affected by the monetary units in which incomes are expressed.
Persistent link: https://www.econbiz.de/10005413438
Persistent link: https://www.econbiz.de/10011616215