The paper revisits regression-based inequality decomposition, derives further theoretical results on the factor shares and applies them in an empirical setting. Noting that the approach based on Shorrocks and Fields is not directly applicable to an important welfare-based inequality index,...

The paper revisits the regression-based inequality decomposition based on Shorrocks and Fields, derives further theoretical results on the factor shares and applies them in an empirical setting. First we derive the asymptotic distribution of inequality factor share estimators for obtaining their...

In rural India access to education could act as a catalyst to change. Persons acquiring education could break through some of the social and cultural norms associated with certain occupations. However, access to education and the capacity to use it for economic betterment could differ by caste...

In this paper, with empirical data, the Capabilities Approach to identify 'conversion factors' that are not typically addressed in the utility approach is used. The two approaches are juxtaposed to examine how institutions such as caste and religion mediate access and returns to education of men...