Showing 1 - 10 of 123
Social identity is increasingly accepted as a key concept underpin- ning the endogeneity of economic behaviour and preferences. This feature is especially important in explaining redistribution preferences as well as attitudes towards redistribution and pro-social behaviour. This paper carries...
Persistent link: https://www.econbiz.de/10010745365
Much of the theoretical literature on inequality assumes that the equalisand is a cardinal variable like income or wealth. However, health status is generally measured as a categorical variable expressing a qualitative order. Traditional solutions involve reclassifying the variable by means of...
Persistent link: https://www.econbiz.de/10010701089
Social identity has become accepted as a key concept underpinning the endogeneity of economic behaviour and preferences. It is important in explaining attitudes towards redistribution and pro-social behaviour. We examine how economic theory measures social identity and its effects on preferences...
Persistent link: https://www.econbiz.de/10010701093
Persistent link: https://www.econbiz.de/10005369510
We re-examine some of the standard axioms used in the literature on poverty measurement. Using a sample of 486 students from Australia, Israel and the USA we investigate the extent to which individuals' perceptions of poverty correspond to the axioms. We find that axioms such as anonymity,...
Persistent link: https://www.econbiz.de/10005382465
Theil’s approach to the measurement of inequality is set in the context of subsequent developments over recent decades. It is shown that Theil’s initial insight leads naturally to a very general class of decomposable inequality measures. It is thus closely related to a number of other...
Persistent link: https://www.econbiz.de/10005413394
This paper adopts a counterfactual decomposition analysis to analyse cross-country differences in the size of household wealth and levels of household wealth inequality. The findings of the paper suggest that the biggest share of cross-country differences is not due to differences in the...
Persistent link: https://www.econbiz.de/10011126314
We examine the performance of measures of mobility when allowance is made for the possibility of data contamination. We find that “singlestage” indices – those that are applied directly to a sample from a multivariate income distribution – usually prove to be non-robust in the face of...
Persistent link: https://www.econbiz.de/10011126526
Persistent link: https://www.econbiz.de/10011126648
We show how classic source-decomposition and subgroup-decomposition meth ods can be reconciled with regression methodology used in the recent liter ature. We also highlight some pitfalls that arise from uncritical use of the regression approach. The LIS database is used to compare the approaches...
Persistent link: https://www.econbiz.de/10010827634