Showing 1 - 9 of 9
The paper proposes an approach to understand the relationship between inequality and economic growth obtained by shifting the analysis from the space of final achievements to the space of opportunities. To this end, it introduces a formal framework based on the concept of the Opportunity Growth...
Persistent link: https://www.econbiz.de/10012560202
This paper offers an axiomatic characterization of two classes of poverty measures that are sensitive to inequality of opportunity, one a strict subset of the other. The proposed indices are sensitive not only to income shortfalls from the poverty line, but also to differences in the...
Persistent link: https://www.econbiz.de/10012560836
Despite a recent surge in the number of studies attempting to measure inequality of opportunity in various countries, methodological differences have so far prevented meaningful international comparisons. This paper presents a comparison of ex-ante measures of inequality of economic opportunity...
Persistent link: https://www.econbiz.de/10012557971
In this paper, we argue that a better understanding of the relationship between inequality and economic growth can be obtained by shifting the analysis from the space of final achievements to the space of opportunities. To this end, we introduce a formal framework based on the concept of the...
Persistent link: https://www.econbiz.de/10015360712
Building on earlier work by political philosophers, economists have recently sought to define a concept of equity that accommodates the fairness of reward to individual responsibility and effort, while allowing for the existence of some inequalities which are unfair and should be compensated....
Persistent link: https://www.econbiz.de/10012564368
The main goal of this paper is to document and analyze the long-term evolution of inequality of opportunity and thus extend the recent empirical literature, which is mainly concerned with its measurement at a specific point in time. Using repeated cross-section surveys for five European...
Persistent link: https://www.econbiz.de/10012004719
This paper analyses the effect of inherited individual circumstances such as gender, family background, foreign background and health status, on individual earnings in the EU. By using three waves of the EU Statistics on Income and Living Conditions (2005, 2011, 2019) this study documents the...
Persistent link: https://www.econbiz.de/10015278520
How strong is the transmission of socio-economic status across generations in Latin America? To answer this question, we first review the empirical literature on intergenerational mobility and inequality of opportunity for the region, summarizing results for both income and educational outcomes....
Persistent link: https://www.econbiz.de/10014550803
This paper proposes a set of new methods to estimate inequality of opportunity based on conditional inference regression trees. It illustrates how these methods represent a substantial improvement over existing empirical approaches to measure inequality of opportunity. First, the new methods...
Persistent link: https://www.econbiz.de/10011809308