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Two conversion schemes are usually employed for assessing personal-income inequality from household equivalent incomes: to weight household units by size or by needs.Using data from the Luxembourg Income Study, we show the sensitivity of country inequality rankings to conversion schemes and...
Persistent link: https://www.econbiz.de/10009268979
; welfare ; multi-dimensional poverty measurement ; first order dominance ; Mozambique ; Vietnam …
Persistent link: https://www.econbiz.de/10009516692
Two conversion schemes may be employed for assessing income inequality from household equivalent incomes: to weight household units by size or by needs. Using data from the Luxembourg Income Study, we show the sensitivity of country inequality rankings to conversion schemes and explain the...
Persistent link: https://www.econbiz.de/10009567072
Income-expenditure surveys typically provide incomes on the household level. As households can differ in size and needs, a reliable assessment of inequality in living standards, therefore, necessitates the conversion of the original heterogeneous into an artificial quasi-homogeneous population....
Persistent link: https://www.econbiz.de/10003655003
poverty as a whole. The paper shows that the widely used Shorrocks-Index for decomposing permanent and transitory inequality … can also be acquired to describe poverty. This method overcomes certain difficulties involved in the methods of Rodgers … & Rodgers (1993). The characteristics of the proposed Poverty-Stability-Index allow for an intuitive differentiation between the …
Persistent link: https://www.econbiz.de/10010260772
. It is also a procedure for testing whether poverty comparisons can be made over classes of indices that incorporate both … absolute and relative views of poverty. Besides being robust to whether pro-poor judgements should be absolute or relative, the … ranges of absolute and relative poverty lines. The test is applied to distributional changes in five middle- and four lower …
Persistent link: https://www.econbiz.de/10010308396
point is afforded by the status of a focus-axiom in the measurement of poverty. Focus requires that a measure of poverty … poverty indices advanced in the literature satisfy an income-focus but not a population-focus axiom. This, it is argued in the … present paper, makes for an incoherent underlying conception of poverty. The paper provides examples of poverty measures which …
Persistent link: https://www.econbiz.de/10010308397
In this paper we investigate the relationship between relative poverty and/or inequality on the one hand and the … other. Using data from the 27 E.U. member states we try to establish a link of prevailing inequality/poverty inside each … positive relationship between higher inequality/poverty at the national level and the size of the economic crisis impact …
Persistent link: https://www.econbiz.de/10013127907
Assessments of whose income growth is the greatest and whose is the smallest are typically based on comparisons of income changes for income groups (e.g. rich versus poor) or income values (e.g. quantiles). However, income group and quantile composition changes over time because of income...
Persistent link: https://www.econbiz.de/10013129908
This essay outlines the exact definition of “Equality” and “Inequality” in economics. The discussion moves forward to review concepts of ranking of orderings and methodology of constructing Indices of Inequality with an emphasis on Lorenz Orderings. We also discuss the possibility of...
Persistent link: https://www.econbiz.de/10013117130