منابع مشابه
Inequality and Social Welfare
2.2 Inequality Measures and Decompositions ............................................................................................... 78 2.2.1 Inequality measures and the extended Gini..................................................................................... 78 2.2.2 Source decomposition of the Gini and the Gini income elasticity................................................. ...
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We introduce a new centrist or intermediate inequality concept, between the usual relative and absolute notions, which is shown to be a variant of the a-ray invariant inequality measures in P®ngsten and Seidl (1997). We say that distributions x and y have the same x; p-inequality if the total income di ̈erence between them is allocated among the individuals as follows: 100p% preserving income ...
متن کاملHealth, Longevity, and Welfare Inequality of the Elderly∗
We propose a framework to understand the distribution of individual wellbeing and its change over time with an application to the U.S. elderly population. Using data from the Health and Retirement Study, we estimate life-cycle dynamics and simulate individual outcome paths starting from age sixty. We use an expected utility framework and the simulated profiles to construct a measure of individu...
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This paper weighs in on the ongoing debate over the appropriate balance between efficiency and equity. I explore the relationship between our attitudes about risk and our beliefs about distributive justice. The notion that there is a deep relationship between risk and inequality is not a new one; discussions of the topic date at least from Harsanyi’s work on the subject in the 1950s. Harsanyi a...
متن کاملA welfare economics foundation for health inequality measurement.
The empirical literature on the measurement of health inequalities is vast and rapidly expanding. To date, however, no foundation in welfare economics exists for the proposed measures of health inequality. This paper provides such a foundation for commonly used measures like the health concentration index, the Gini index, and the extended concentration index. Our results indicate that these mea...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2006
ISSN: 1556-5068
DOI: 10.2139/ssrn.948376