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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Evaluating efficiency-equality tradeoffs for mobile source control strategies in an urban area.
TL;DR: This study estimates both total population health benefits and changes in quantitative indicators of health inequality for a number of alternative spatial distributions of diesel particulate filter retrofits across half of an urban bus fleet in Boston, Massachusetts.
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Homeownership, Asset-based Welfare and the Neighbourhood Segregation of Wealth
TL;DR: This article examined the spatial implications of the rise of policies promoting asset-based welfare, by examining statistically how variables related to homeownership rates and housing prices relate to measures of urban wealth segregation among neighbourhoods.
Report SeriesDOI
Less Income Inequality and More Growth – Are They Compatible? Part 1. Mapping Income Inequality Across the OECD
TL;DR: In this article, the authors map income inequality for all OECD countries across various inequality dimensions and summarise them in inequality outcome diamonds, and provide a cluster analysis that identifies groups of countries that share similar inequality patterns.
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On the measurement of unemployment
TL;DR: In this paper, the authors investigated how alternative measures of unemployment may be derived from information on unemployment duration, and showed how "duration profiles" can usefully represent unemployment data, and two families of unemployment indices are examined in detail.
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Economic growth and inequality: The role of public investment ☆
TL;DR: In this paper, the authors focus on public investment as a key determinant of the relationship between growth and inequality and show that the impact of government investment on growth and income inequality is complex.
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
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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.