Showing papers by "James E. Foster published in 1997"
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TL;DR: This paper showed that the extent and likelihood of the divergence between the Lorenz criterion and the variance of logarithms can be extremely large, and that the likelihood is far from negligible.
Abstract: The variance of logarithms is a widely used inequality measure which is well known to disagree with the Lorenz criterion. Up to now, the extent and likelihood of this inconsistency were thought to be vanishingly small. We find that this view is mistaken : the extent of the disgreement can be extremely large; the likelihood is far from negligible.
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