Income inequality dynamic measurement of Markov models: Application to some European countries

In this paper we present a methodology for measuring income inequality dynamically within a Markov model of income evolution. The proposed methodology requires knowledge of the evolution of the population and the averages and medians of the incomes in a country and allows the computation of dynamic inequality indices. The methodology is supported with statistics from Eurostat data applied on France, Germany, Greece and Italy.

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Year of publication:	2012
Authors:	D'Amico, Guglielmo ; Di Biase, Giuseppe ; Manca, Raimondo
Published in:	Economic Modelling. - Elsevier, ISSN 0264-9993. - Vol. 29.2012, 5, p. 1598-1602
Publisher:	Elsevier
Subject:	Income distribution \| Dynamic Theil's Entropy \| Multistate model \| Economic policies

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Type of publication:	Article
Classification:	E64 - Incomes Policy; Price Policy ; E27 - Forecasting and Simulation
Source:	RePEc - Research Papers in Economics

Persistent link: https://ebvufind01.dmz1.zbw.eu/10010597500