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Ungrouping income distributions: Synthesising samples for inequality and poverty analysis
Shorrocks, Anthony; Wan, Guanghua - 2008
counterparts, then by comparing the true and generated values of the Gini coefficient and other inequality indices. The results …
Persistent link: https://www.econbiz.de/10010284587
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Relative deprivation, personal income satisfaction, and average well-being under different income distributions
Seidl, Christian; Traub, Stefan; Morone, Andrea - 2005
This paper uses the data gained from an income categorization experiment for five shapes of income distributions to investigate background context effects, relative deprivation, range-frequency theory to explain background context effects, individual income satisfaction versus aggregate...
Persistent link: https://www.econbiz.de/10010284529
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Measuring inequality without the Pigou-Dalton condition
Chateauneuf, Alain; Moyes, Patrick - 2005
Typical welfare and inequality measures are required to be Lorenz consistent which guarantees that inequality decreases and welfare increases as a result of a progressive transfer. We explore the implications for welfare and inequality measurement of substituting the weaker absolute...
Persistent link: https://www.econbiz.de/10010284885
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National and International Income Dispersion and Aggregate Expenditures
Fillat, Carmen; Francois, Joseph - 2004
We examine linkages between aggregate household income, distribution of that income, and aggregate cross-country expenditure patterns. We are able to decompose income effects into international income dispersion effects (from variations in average income) and national income dispersion (income...
Persistent link: https://www.econbiz.de/10010325274
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Abolishing GDP
van den Bergh, Jeroen C.J.M. - 2007
Expectations and information about the growth of GDP per capita have a large influence on decisions made by private and public economic agents. It will be argued here that GDP (per capita) is far from a robust indicator of social welfare, and that its use as such must be regarded as a serious...
Persistent link: https://www.econbiz.de/10010325488
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Well-Being Inequality and Reference Groups - An Agenda for New Research
van Praag, Bernard M.S. - 2010
In this paper it is argued that subjective well-being of the individual depends on two types of variables. The first type consists of characteristics of the individual himself, such as age, health, income, etc. The second type of variables consists of the characteristics of the individuals...
Persistent link: https://www.econbiz.de/10010325687
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A New Inequality Measure that is Sensitive to Extreme Values and Asymmetries
McAleer, Michael; Ryu, Hang K.; Slottje, Daniel J. - 2017
properties such a measure (or index) should contain. The Gini index is, of course, the most popular. There is a concurrent … Gini) that poorly detect the extreme values present in the underlying empirical IDF. This paper introduces a new inequality … measure to supplement, but not to replace, the Gini that measures more accurately the inherent asymmetries and extreme values …
Persistent link: https://www.econbiz.de/10011819495
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Well-Being Inequality and Reference Groups - An Agenda for New Research
van Praag, B.M.S - 2010
It is argued that the concept of well-being inequality cannot be properly defined without taking the reference process into account. The reference effect depends on how frequently individuals compare with others and on the degree of social transparency in society. In this paper we employ the...
Persistent link: https://www.econbiz.de/10014191144
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Bibliometric Rankings of Journals based on the Thomson Reuters Citations Database
Chang, Chia-Lin; McAleer, Michael - 2015
Virtually all rankings of journals are based on citations, including self citations by journals and individual academics. The gold standard for bibliometric rankings based on citations data is the widely-used Thomson Reuters Web of Science (2014) citations database, which publishes, among...
Persistent link: https://www.econbiz.de/10011288398
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What Do Experts Know About Forecasting Journal Quality? A Comparison with ISI Research Impact in Finance
Chang, Chia-Lin; McAleer, Michael - 2013
Experts possess knowledge and information that are not publicly available. The paper is concerned with forecasting academic journal quality and research impact using a survey of international experts from a national project on ranking academic finance journals in Taiwan. A comparison is made...
Persistent link: https://www.econbiz.de/10010326447