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Despite the multitude of measures of multidimensional inequality, none is regularly used in policymaking. This paper proposes multidimensional inequality measures that are easily implementable and transparent and overcome many deficiencies of existing measures. The measures follow a traditional...
Persistent link: https://www.econbiz.de/10014553791
In this paper we propose the use of an alternative methodology to track low incomes based on Atkinson`s (1970) family of equally distributed equivalent income functions, which are called general means here. We provide a new characterization of general means that justifies their use in this...
Persistent link: https://www.econbiz.de/10010327160
(Disponible en idioma inglés únicamente) En este trabajo proponemos el uso de una metodología alternativa para hacer el seguimiento de bajos niveles de ingresos, basándonos en la familia de funciones de ingreso equivalente de distribución igual de Atkinson (1970), llamadas aquí de media...
Persistent link: https://www.econbiz.de/10005528743
This paper describes conditions under which one investment project dominates a second project in terms of net present value, irrespective of the choice of the discount rate. The resulting partial ordering of projects has certain similarities to stochastic dominance. However, the structure of the...
Persistent link: https://www.econbiz.de/10005459267
In this paper we propose the use of an alternative methodology to track low incomes based on Atkinson's (1970) family of "equally distributed equivalent income" functions, which are called "general means" here. We provide a new characterization of general means that justifies their use in this...
Persistent link: https://www.econbiz.de/10010943882
Head Start is a comprehensive, early childhood development program designed to augment the human capital and health capital levels of disadvantaged children. Evaluations of Head Start have tended to focus on cognitive outcomes; however, there is increasing recognition that other important...
Persistent link: https://www.econbiz.de/10010836365
Traditionally, a society's literacy has been measured by the 'literacy rate' or the percent of the adult population that is literate. The present paper maintains that the distribution on literates across households also matters, due to the external effects of literacy - the benefits that...
Persistent link: https://www.econbiz.de/10005034037