Showing 1 - 10 of 171
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
Hammond (J Econ Theory 11, 465–467, 1975), Meyer (J Econ Theory 11, 119–132, 1975), and Lambert (The distribution and redistribution of income, Manchester University Press, Manchester, 2001) provide the formal result connecting leximin and the idea of extreme inequality aversion for social...
Persistent link: https://www.econbiz.de/10005196862
The ethical view of prioritarianism holds the following: if an extra bundle of attributes is to be allocated to either of two individuals, then priority should be given to the worse off among the two. We consider multidimensional poverty comparisons with cardinal and ordinal attributes and...
Persistent link: https://www.econbiz.de/10010678198
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