Journal ArticleDOI
On the Measurement of Inequality
TLDR
In this paper, the problem of comparing two frequency distributions f(u) of an attribute y which for convenience I shall refer to as income is defined as a risk in the theory of decision-making under uncertainty.About:
This article is published in Journal of Economic Theory.The article was published on 1970-09-01. It has received 5002 citations till now. The article focuses on the topics: Income inequality metrics & Income distribution.read more
Citations
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Journal ArticleDOI
Welfare rankings of income distributions: A rôle for the variance and some insights for tax reform
TL;DR: When generalized Lorenz curves cross, it is not possible to rank the underlying income distributions by the unanimous preference of all additively separable symmetric inequality-averse social welfare functions as discussed by the authors.
Journal ArticleDOI
The Relative Deprivation Curve and Its Applications
TL;DR: In this article, the relative deprivation curve was introduced to represent the size distribution of income and wealth in the Australian Household Expenditure Survey, 1975-1976, to measure poverty and inequality.
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The Double Dividend and the Role of Inequality Aversion and Macroeconomic Regimes
Stef Proost,D. Van Regemorter +1 more
TL;DR: In this article, the introduction of the European Community's carbon-energy tax in a small open economy is analyzed by comparing two kinds of revenue recycling, and it is shown that the weak double-dividend hypothesis can fail when equity aspects are taken into account.
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Measuring environmental inequality
TL;DR: In this article, alternative measures of environmental inequality in 50 U.S. states for exposure to industrial air pollution are presented and three methodological issues are examined: to what extent are environmental inequality measures sensitive to spatial scale and population weighting, how do sensitivities to different segments of the overall distribution affect rankings by these measures, and how do vertical and horizontal (intergroup) inequality measures relate to each other.
Posted Content
Hohe Einkommen: Eine Verteilungsanalyse für Freie Berufe, Unternehmer und abhängig Beschäftigte mit Mikrodaten der Einkommensteuerstatistik
Joachim Merz,Markus Zwick +1 more
TL;DR: In this article, the authors present the results of their income analyses on distribution and redistribution across all income areas and using alternative definitions of high-income thresholds for freelance professionals, entrepreneurs, and employees.
References
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Journal ArticleDOI
Risk Aversion in the Small and in the Large
TL;DR: In this article, a measure of risk aversion in the small, the risk premium or insurance premium for an arbitrary risk, and a natural concept of decreasing risk aversion are discussed and related to one another.
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Aspects of the theory of risk-bearing
Journal ArticleDOI
The Measurement of the Inequality of Incomes
TL;DR: JSTOR as discussed by the authors is a not-for-profit organization founded in 1995 to build trusted digital archives for scholarship, which is used to preserve their work and the materials they rely upon, and to build a common research platform that promotes the discovery and use of these resources.
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The Efficiency Analysis of Choices Involving Risk
Giora Hanoch,Haim Levy +1 more
TL;DR: In this paper, an analysis of the first step of the decision-making process of an individual decision maker among alternative risky ventures is presented, in terms of a single dimension such as money, both for the utility functions and for the probability distributions.