On the Measurement of Inequality
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Additional excerpts
...See footnote 20....
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...23 See Atkinson (1970)....
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...See Mulligan (2002) for a discussion and for some estimates of the bias of assuming a lognormal function for all levels of income....
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...22 See Cowell (1995) for a description and properties of each of them....
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...10 Most of the literature on income distribution agrees that country income distributions are close to lognormal (See Mulligan (2002) and Cowell (1995))....
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References
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"On the Measurement of Inequality" refers background in this paper
...3 See Rothschild and Stiglitz [13], Hadar and Russell [ 5 ], and Hanoch and Levy [6]....
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"On the Measurement of Inequality" refers methods in this paper
...Then by applying the results of Pratt [l 11, Arrow [ 2 ], and others, we can see that this requirement (which may be referred to as constant (relative) inequality-aversion) implies that U(y) has the form...
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