Showing 1 - 10 of 34
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/10010531692
This paper asks whether prioritarianism – the view that social welfare orderings should give explicit priority to the worse-off – is consistent with the normative theory of equality of opportunity. We show that there are inherent tensions between some of the axioms underpinning...
Persistent link: https://www.econbiz.de/10012498001
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/10010291390
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/10011265654
We axiomatically characterize two classes of poverty measures which 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 opportunities faced by people...
Persistent link: https://www.econbiz.de/10011252273
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/10011252279
In this paper we provide a new methodology to measure opportunity inequality and to decompose overall inequality in an ethically offensive and an ethically acceptable part. Moreover, we provide some empirical applications of these new evaluation tools: in the first exercise, we compare the...
Persistent link: https://www.econbiz.de/10010267686
This paper analyses the extent of income inequality and opportunity inequality in 25 European countries. The present work contributes to understanding the origin of standard income inequality, helping to identify potential institutional setups that are associated to opportunity inequality. We...
Persistent link: https://www.econbiz.de/10008557232
In this paper, we introduce and apply a general framework for evaluating long-term income distributions according to the Equality of Opportunity principle. Our framework allows for both an ex-ante and an ex-post approach to EOp. Our ex-post approach relies on a permanent income measure defined...
Persistent link: https://www.econbiz.de/10008543265
In this paper we provide a new methodology to measure opportunity inequality and to decompose overall inequality in an "ethically offensive" and an "ethically acceptable" part. Moreover, we provide some empirical applications of these new evaluation tools: in the first exercise, we compare the...
Persistent link: https://www.econbiz.de/10005703562