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This paper looks at both within country and among country inequality. In the spirit of Dalton[1920] and Atkinson[1970] this paper reports estimates of the welfare loss arising from inequality. The paper also explores the implications of Duesenberry style interdependent utility functions when a...
Persistent link: https://www.econbiz.de/10005518213
This paper aims at clarifying the notion "overall distributive effect" of an income component or a policy proposal and moreover discusses various approaches for assessing the distributional impact of the components of total income. We pay particular attention to the problem of evaluating the...
Persistent link: https://www.econbiz.de/10004980538
This paper studies the evolution of the earnings distribution from 1995 to 2010 of four major de- mographic groups are considered separately, which shows that there are important differences in the experience of inequality that imply that race and gender are not separable when it comes to...
Persistent link: https://www.econbiz.de/10011164270
In the paper the income distribution in the closed economic system is modeled. It has been shown the obtained equilibrium function for the income distribution in the society fits well the statistical data. It is also shown the Gini coef-ficient approaches its theoretical value 0.5 in the absence...
Persistent link: https://www.econbiz.de/10009366487
The present study investigates the trends in inequality, welfare, and growth based on per capita household income/consumption in Pakistan, both its rural and urban areas, from 1963-64 to 2004-05. It employs Gini coefficient to measure inequalities and the Sen welfare index to estimate welfare....
Persistent link: https://www.econbiz.de/10005087534
The present study investigates the trends in inequality, welfare, and growth based on per capita household income/consumption in Pakistan, both its rural and urban areas, from 1963-64 to 2004-05. It employs Gini coefficient to measure inequalities and the Sen welfare index to estimate welfare....
Persistent link: https://www.econbiz.de/10009365371
The aim of this paper is to reveal the gender inequalities in income distribution for Turkey by using decomposition of Gini coefficient, a common income inequality measure. A new decomposition method, Dagum's approach for decomposition of the Gini coefficient is used in the study. In the...
Persistent link: https://www.econbiz.de/10008873424
Assessments of social welfare do not usually take into account population sizes. This can lead to serious social evaluation flaws, particularly in contexts in which policies can affect demographic growth. We develop in this paper a littleknown though ethically attractive approach to correcting...
Persistent link: https://www.econbiz.de/10010891629
We derive the asymptotic bias from misclassification of the dependent variable in binary choice models. Measurement error is necessarily non-classical in this case, which leads to bias in linear and non-linear models even if only the dependent variable is mismeasured. A Monte Carlo study and an...
Persistent link: https://www.econbiz.de/10010859473
Dopo aver ripercorso la storia degli studi sul reddito nazionale, l’articolo si sofferma sui principali aspetti teorici degli aggregati macroeconomici considerati, pervenendo alla conclusione che il più rappresentativo del livello di benessere della popolazione sembra essere il reddito...
Persistent link: https://www.econbiz.de/10011246153