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
Poverty and inequality in Java: examining the impact of the changing age, educational and industrial structure
TL;DR: In this paper, the authors used the method of DiNardo et al. to examine the distribution of the benefits of growth in Java and found that the change in per capita income between 1984 and 1990 is related to the aging of the population, decreased reliance on agriculture, increased educational attainment and changes in incomes within industry and age/education categories.
Journal ArticleDOI
The Wealth Inequality of Nations
Fabian T. Pfeffer,Nora Waitkus +1 more
TL;DR: In contrast, no such framework and much less empirical evidence have been provided by as mentioned in this paper to study the institutional determinants of income stratification in the United States, and no such analysis has been conducted in other countries.
Journal ArticleDOI
Do we need a separate poverty measurement
TL;DR: In this paper, the authors show that a poverty index can be derived from a decomposition of an appropriate inequality index and illustrate the kind of policy analysis that can be performed with a decomposed inequality index by decomposing the Gini coefficient into Sen's poverty index and other components.
Book ChapterDOI
Comparing Multidimensional Indices of Inequality: methods and application
TL;DR: In this paper, the authors examined several measures of multidimensional inequality, analysing their properties and majorization criteria, and presented a new measure which generalises Bourguignon (1999) and includes Tsui measures (1999), while preserving the advantages of Maasoumi's method.
BookDOI
Beyond Oaxaca-Blinder : accounting for differences in household income distributions across countries
TL;DR: In this article, the authors developed a micro-econometric method to account for differences across distributions of household income by decomposing differences between functionals of two income distributions into shares because of differences in the structure of labor market returns, differences in occupational structure, and differences in underlying distribution of assets.
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.
Journal ArticleDOI
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.
Journal ArticleDOI
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.