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
Citations
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On measuring scholarly influence by citations
Martin Ravallion,Adam Wagstaff +1 more
TL;DR: The paper proposes a new approach that is grounded on a theoretical “influence function,” representing explicit prior beliefs about how citations reflect influence, and conditions are derived for robust qualitative comparisons of influence.
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The Value-added Tax: A General Equilibrium Look at Its Efficiency and Incidence
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Using a microeconometric model of household labour supply to design opimal income taxes
Rolf Aaberge,Ugo Colombino +1 more
TL;DR: In this article, the authors present an approach based on a computational approach to the optimal taxation problem, where they identify optimal income tax rules according to various social welfare criteria, keeping fixed the total net tax revenue.
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Human Capital Formation, Income Inequality and Growth
TL;DR: In this article, the determinants of income distribution and growth in an overlapping generations economy with heterogenous households were studied, and the authors explored the effects of technological change in human capital formation, upon the distribution of income at each date along the equilibrium path.
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.
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.