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. 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
This paper explores four alternative indices for measuring health inequalities in a way that takes into account attitudes towards inequality. First, we revisit the extended concentration index which has been proposed to make it possible to introduce changes into the distributional value...
Persistent link: https://www.econbiz.de/10013120914
Measuring the equity of opportunity in a given society is an essential ingredient in the formulation of policies and programs that promote inclusive growth. In this paper, equity of opportunity is defined and measured through the theoretical framework of the social opportunity function, a...
Persistent link: https://www.econbiz.de/10013120954
. Various forms of poverty, inequality, polarization and income mobility structures are considered and much of the conventional …
Persistent link: https://www.econbiz.de/10013104806
Numerous people in Germany, including politicians and researchers, believe that the gross domestic product (GDP) is an outdated indicator of a society's prosperity. Therefore, at the end of 2010, the German Bundestag, the federal parliament, established a study commission (Enquete-Kommission)...
Persistent link: https://www.econbiz.de/10013081278
The aim of this paper is to propose an axiomatic characterization of an aggregate measure of growth that takes into account the initial economic conditions of individuals, through their position in the initial income distribution. The contribution of our work to the existing literature is...
Persistent link: https://www.econbiz.de/10013085384