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This paper provides the tools and procedures for empirically implementing several dominance criteria for social welfare comparisons and broad income inequality comparisons. Dominance criteria are expressed in terms of vectors of quantile ordinates based on income shares or quantile means....
Persistent link: https://www.econbiz.de/10013169202
Standard income inequality indices can be interpreted as a measure of welfare loss entailed in departures from equality of outcomes, for egalitarian social welfare functions defined on the distribution of outcomes. But such a welfare interpretation has been criticized for a long time on the...
Persistent link: https://www.econbiz.de/10011641764
Persistent link: https://www.econbiz.de/10012772620
Standard income inequality indices can be interpreted as a measure of welfare loss entailed in departures from equality of outcomes, for egalitarian social welfare functions defined on the distribution of outcomes. But such a welfare interpretation has been criticized for a long time on the...
Persistent link: https://www.econbiz.de/10012957494
proposed, and aggregated into a global index. Whilst other approaches have captured the welfare gain which would come from … eliminating HI revenue-neutrally, our global index provides a measure of the revenue gain per capita which would come from … component in the Blackorby and Donaldson (1984) index of tax progressivity, quantifying the loss of vertical performance arising …
Persistent link: https://www.econbiz.de/10014173085
proposed, and aggregated into a global index. Whilst other approaches have captured the welfare gain which would come from … eliminating HI revenue-neutrally, our global index provides a measure of the revenue gain per capita which would come from … component in the Blackorby and Donaldson (1984) index of tax progressivity, quantifying the loss of vertical performance arising …
Persistent link: https://www.econbiz.de/10014191442
into a global index. This index expresses the revenue gain per capita that would come from eliminating HI welfare …-neutrally, and also reveals the loss of vertical performance, in terms of the Blackorby and Donaldson (1984) progressivity index …
Persistent link: https://www.econbiz.de/10014191764
This work studies trends in income distributions and inequality in the European Union using data from the European Union Statistics on Income and Living Conditions. We model the income distribution for each country under a Dagum distribution assumption and using maximum likelihood techniques. We...
Persistent link: https://www.econbiz.de/10012119805
Persistent link: https://www.econbiz.de/10000993234
An aggregable family of multidimensional concentration indices is characterized, in order to be consistent with a property of exogenous risk factors, i.e. health risks for which agents are not responsible for. The family of concentration indices (or achievement indices by duality) lies in the...
Persistent link: https://www.econbiz.de/10012985748