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We provide a characterization of the generalised satisfaction - in our terminology nondeprivation - quasi-ordering introduced by S.R. Chakravarty (Keio Economic Studies 34 (1997), 17-32) for making welfare comparisons based on the absence of deprivation. We show that the non-deprivation...
Persistent link: https://www.econbiz.de/10010335534
Mandelbrot (1960) proposed using the so-called Pareto-Lévy class of distributions as a framework for representing income distributions. We argue in this paper that the Pareto-Lévy distribution is an interesting candidate for representing income distribution because its parameters are easy to...
Persistent link: https://www.econbiz.de/10010335592
Using a sample of 20 OECD countries it is shown that the majority of countries decreased the level of intragenerational redistribution in the first pillar of their pension systems, though the evidence is weak in statistical terms. We find strong correlations between changes of the so-called...
Persistent link: https://www.econbiz.de/10010335599
Panel attrition has not only the potential to bias population estimates but it may also inflate the variance of the estimates from panel surveys. Thus it is essential for an ongoing panel survey to monitor not only the size of the panel attrition and the potential biases that may occur but also...
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