Showing 1 - 5 of 5
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 with...
Persistent link: https://www.econbiz.de/10010878115
Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be associated with faster economic growth, other kinds, arising from unequal opportunities for investment, might be detrimental to economic progress. We construct two new metadata...
Persistent link: https://www.econbiz.de/10010878124
This paper proposes two related measures of educational inequality: one for educational achievement and another for educational opportunity. The former is the simple variance (or standard deviation) of test scores. Its selection is informed by consideration of two measurement issues that have...
Persistent link: https://www.econbiz.de/10009370130
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/10011235048
The paper provides an examination into the measures of multidimensional inequality proposed in the past few years, their properties and majorization criteria. It offers a generalisation of Bourguignon index proposed so that it includes Tsui measures (1999) while preserving the virtues of...
Persistent link: https://www.econbiz.de/10005135140