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The most common approach to measuring inequality of opportunity in income is to apply the Gini inequality index or the Mean Log Deviation (MLD) index to a smoothed distribution (i.e., a distribution of type mean incomes). We show how this approach can be naturally extended to include life...
Persistent link: https://www.econbiz.de/10014636416
We provide an analytical-behavioral explanation for the observed positive relationship between income inequality, as measured by the Gini coefficient, and the incentive to migrate. We show that a higher total relative deprivation of a population leads to a stronger incentive to engage in...
Persistent link: https://www.econbiz.de/10005764199
The Household Integrated Economic Surveys (HIES) of the Pakistan Bureau of Statistics (PBS) reveal a low level of income inequality in Pakistan. However, this is due to large sampling and non-sampling errors. Appropriate adjustments for the size and inequality in income from different sources...
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Recent research on Nigeria indicates declining income inequality. In contrast, anecdotal evidence suggests that only the upper class has benefited from economic growth in Nigeria overtime. The disconnect between these findings and anecdotal evidence, and the limitation in how inequality was...
Persistent link: https://www.econbiz.de/10013414158
Recent research on Nigeria indicates declining income inequality. In contrast, anecdotal evidence suggests that only the upper class has benefited from economic growth in Nigeria over time. The disconnect between these findings and anecdotal evidence, and the limitation in how inequality was...
Persistent link: https://www.econbiz.de/10013472036
This work studies trends in income distributions and inequality in the European Union using data from the European Union Statistics on Income and Living Conditions. We model the income distribution for each country under a Dagum distribution assumption and using maximum likelihood techniques. We...
Persistent link: https://www.econbiz.de/10012119805