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Latin American countries are generally characterized as displaying high income and earnings inequality overall along with high inequality by gender, race, and ethnicity. However, the latter phenomenon is not a major contributor to the former phenomenon. Using household survey data from four...
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Economists use various metrics for measuring income inequality. Here, the most commonly used measures-the Lorenz curve, the Gini coefficient, decile ratios, the Palma ratio, and the Theil index-are discussed in relation to their benefits and limitations. Equally important is the choice of what...
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This paper studies the distributional consequences of a systematic variation in expenditure shares and prices. Using European Union Household Budget Surveys and Harmonized Index of Consumer Prices data, we construct household-specific price indices and reveal the existence of a pro-rich...
Persistent link: https://www.econbiz.de/10011862889
This paper studies the distributional consequences of a systematic variation in expenditure shares and prices. Using European Union Household Budget Surveys and Harmonized Index of Consumer Prices data, we construct household-specific price indices and reveal the existence of a pro-rich...
Persistent link: https://www.econbiz.de/10011848056
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