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Despite the formal rigour that attends social and economic measurement, the substantive meaning of particular measures could be compromised in the absence of a clear and coherent conceptualization of the phenomenon being measured. A case in point is afforded by the status of a focus-axiom in the...
Persistent link: https://www.econbiz.de/10010954747
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
Despite the formal rigour that attends social and economic measurement, the substantive meaning of particular measures could be compromised in the absence of a clear and coherent conceptualization of the phenomenon being measured. A case in point is afforded by the status of a focus axiom in the...
Persistent link: https://www.econbiz.de/10009321671
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
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/10013126909
The `Vast majority of incomes ratio (VMIR)' $R_0$ is the ratio of the average income $\mu_0$ of a poorest majority $p_0$ of the population to the overall average income $\mu$. Another measure of equality is $E_0\equiv(1-G)$ where $G$ is the Gini coefficient of inequality of the distribution....
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