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Income inequality measures involve two sub-classes of decomposable measures: those decomposed by sub-groups and those decomposed by income source. The former enables one to compute between- and within-group indices. The latter allows for gauging the inequality related to each factor of income...
Persistent link: https://www.econbiz.de/10005467337
This paper introduces the concept of Pigou-Dalton transfers between populations of income receivers. Gini's mean difference and Dagum's Gini index between populations are axiomatically derived in order to gauge the impact of within- and between-group Pigou-Dalton transfers on Dagum's measure. We...
Persistent link: https://www.econbiz.de/10005770823
This paper introduces the concept of Pigou-Dalton transfers between populations of income receivers. Gini's mean difference and Dagum's Gini index between populations are axiomatically derived in order to gauge the impact of within- and between-group Pigou-Dalton transfers on Dagum's measure. We...
Persistent link: https://www.econbiz.de/10005627126
Gini and entropy are the most use measures to gauge income inequalities. We show that each measure yields different subgroup decomposition techniques into within-group inequalities and between-group inequalities. Then, we show that the Gini index has been decomposed into many ways to bring out a...
Persistent link: https://www.econbiz.de/10005642150
Persistent link: https://www.econbiz.de/10003847509