Journal ArticleDOI
On the Measurement of Inequality
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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
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Are Public and Private Social Expenditures Complementary
Koen Caminada,Kees Goudswaard +1 more
TL;DR: This article found a negative relationship between public social expenditures and income inequality, but a positive relationship between net private social expenditures, and they concluded that changes in the public/private mix in the provision of social protection may affect the redistributive impact of the welfare state.
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Income Satisfaction Inequality and its Causes
TL;DR: In this paper, the concept of income satisfaction inequality is operationalized on the basis of individual responses to an income satisfaction question posed in the German Socio-Economic Panel (GSOEP).
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Income Inequality in Australia in an International Comparative Perspective
Peter Saunders,Garry Hobbes +1 more
TL;DR: In this article, an international comparative analysis of income distribution and redistribution is presented for the gross and net income distributions between both families and individuals in seven countries and a common set of equivalence scales is also used to adjust for differing family needs.
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The Measurement of Multidimensional Gender Inequality: Continuing the Debate
TL;DR: In this article, the authors present new gender inequality indices that overcome some limitations of the preceding ones, using United Nations data, and empirical results for the new indicators are provided, suggesting that the choice of one indicator or another can make an important difference for the ranking of those countries that achieved high levels of gender equality.
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Zipfian and Lotkaian continuous concentration theory
TL;DR: It is proved that Price's law of concentration is equivalent with Zipf's law and, using Lorenz curves, it is shown that the concentration of a power law increases with its exponent and this result is interpreted in terms of the functions of Zipf and Lotka.
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.