Showing 1 - 10 of 27
Persistent link: https://www.econbiz.de/10005369384
We propose a criterion to rank poverty measures on the basis of distribution-sensitivity. The criterion compares reactions to ‘lossy’ transfers among the poor. We focus on the class of rank-dependent poverty measures and provide distribution-sensitivity rankings of the poverty gap ratio, the...
Persistent link: https://www.econbiz.de/10010786717
We argue that normative indices of multidimensional inequality do not only measure a distribution’s extent of inequity (i.e., the gaps between the better-off and the worse-off), but also its extent of inefficiency (i.e., the non-realized mutually beneficial exchanges of goods). We provide a...
Persistent link: https://www.econbiz.de/10010927727
type="main" xml:id="ecca12059-abs-0001" <p>We study the evolution of population-weighted between-country inequality in the period 1980–2009. Whereas previous studies almost exclusively focused on relative inequality measures, we consider relative, absolute and intermediate versions of the Lorenz...</p>
Persistent link: https://www.econbiz.de/10011038585
We provide a parsimonious axiomatisation of the complete class of absolute nequality indices. Our approach uses only a weak form of decomposability and does not require a priori that the measures be differentiable.
Persistent link: https://www.econbiz.de/10010746014
The unidimensional Pigou-Dalton transfer principle demands that a regressive transfer in income--a transfer from worse-off (poor) to better-off (rich)--decreases social welfare. In a multidimensional setting the direct link between income (or any other attribute) and individual well-being is...
Persistent link: https://www.econbiz.de/10005005912
Many distributional conflicts are characterized by the presence of acquired rights. The basic structure of these conflicts is that of the so-called claims problem, in which an amount of money has to be divided among individuals with differing claims and the total amount available falls short of...
Persistent link: https://www.econbiz.de/10005065370
We propose a straightforward dominance procedure for comparing social welfare orderings (SWOs) with respect to the degree of inequality aversion they express. Three versions of the procedure are considered, each of which uses a different underlying criterion of inequality comparisons: (i) a...
Persistent link: https://www.econbiz.de/10005770841
An income distribution is a mixture of two given income distributions if the relative frequency it associates with each income level is a convex combination of the relative frequencies associated with it by the given two income distributions——e.g., the income distribution of a country is...
Persistent link: https://www.econbiz.de/10005642223
Persistent link: https://www.econbiz.de/10008537615