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We decompose the generalized Lorenz order into a size and a distribution component. The former is represented by stochastic dominance, the latter by the standard Lorenz order. We show that it is always possible, given generalized Lorenz dominance between two distributions F and G, to find...
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A key aspect defining the contemporary income distribution is the (increasing) share the top holds compared to the rest. This paper shows that income concentration increases towards the very top of the distribution, while the shares the middle- and upper-middle-income groups hold remain stable...
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Not everybody is benefiting equally from rising mean incomes. We discuss the mean-income population share (MPS), defined as the population share earning less than the mean income, as an indicator of how representative the mean income is for the mass of the population. This measure is both...
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