Themes in Economic Analysis 2015
DOI: 10.4324/9781315684994-28
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On a Distance Function-Based Inequality Measure in the Spirit of the Bonferroni and Gini Indices

Abstract: A natural way of viewing an inequality or a poverty measure is in terms of the vector distance between an actual (empirical) distribution of incomes and some appropriately normative distribution (reflecting a perfectly equal distribution of incomes, or a distribution with the smallest mean that is compatible with a complete absence of poverty). Real analysis offers a number of distance functions to choose from. In this paper, the employment of what in the literature is known as the Canberra distance function l… Show more

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