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Measuring the extent to which distribution is polarized has recently attracted some attention from economists. Polarization, though related to inequality, is a different concept and implies a tendency towards clustering of observations into groups. It is of interest because it may be related to...
Persistent link: https://www.econbiz.de/10010733894
In several economic fields, such as those related to health or education, the individuals’ characteristics are measured by bounded variables. Accordingly, these characteristics may be indistinctly represented by achievements or shortfalls. A difficulty arises when inequality needs to be...
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We provide a simple proof of Foster's (1983) characterization of the Theil inequality index.
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This paper emphasizes the properties of a family of inequality measures which extends the Atkinson indices and is axiomatically characterized by a multiplicative decomposition property where the withingroup component is a generalized weighted mean with weights summing exactly to 1. This family...
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We consider the classical inequality measures due to Gini, Bonferroni, and De Vergottini and we present a brief review of the three inequality indices and the associated welfare functions, in the correspondence scheme introduced by Blackorby and Donaldson, and Weymark. The three classical...
Persistent link: https://www.econbiz.de/10011163080
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We consider the classical inequality measures due to Gini, Bonferroni, and De Vergottini and we present a brief review of the three inequality indices and the associated welfare functions, in the correspondence scheme introduced by Blackorby and Donaldson, and Weymark. The three classical...
Persistent link: https://www.econbiz.de/10010819750