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The paper uses an alternative expression for the Gini Index to derive the effects of transfers and increments of income on the Gini Index. The results support Gastwirth's conclusions (2017) that the Gini Index is not overly sensitive to middle incomes. The results are used to determine the level...
Persistent link: https://www.econbiz.de/10013323117
We provide a characterization of the generalised satisfaction - in our terminology nondeprivation - quasi-ordering introduced by S.R. Chakravarty (Keio Economic Studies 34 (1997), 17-32) for making welfare comparisons based on the absence of deprivation. We show that the non-deprivation...
Persistent link: https://www.econbiz.de/10003800432
Social stress can cause physical and mental harm. It is therefore not surprising that public health policy makers have sought to identify and implement policies aimed at tackling this social ill. A frequently prescribed remedy is to reduce social stress by reducing income inequality, which is...
Persistent link: https://www.econbiz.de/10014249997
Social stress can cause physical and mental harm. It is therefore not surprising that public health policy makers have sought to identify and implement policies aimed at tackling this social ill. A frequently prescribed remedy is to reduce social stress by reducing income inequality, which is...
Persistent link: https://www.econbiz.de/10014278609
Persistent link: https://www.econbiz.de/10012614165
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/10011967954
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
Additive decomposability is an interesting feature of inequality indices which, however, is not always fulfilled; solutions to overcome such an issue have been given by Deutsch and Silber (2007) and by Di Maio and Landoni (2017). In this paper, we apply these methods, based on the “Shapley...
Persistent link: https://www.econbiz.de/10011823313
The paper reviews literature generating the conclusion that a Gini Index of income inequality weights each income by the proportion of people receiving more. The result is derived graphically by rotating the Lorenz Curve clockwise by 90 degrees and by a variant of integration by parts. The...
Persistent link: https://www.econbiz.de/10013323388
We solve the non-linear income tax program for a rank-dependent social welfare function à la Yaari, expressing the trade-off between size and inequality using the Gini or related families of positional indices. The key idea is that when agents optimize and absent bunching, ranks in the actual...
Persistent link: https://www.econbiz.de/10012839709