Social welfare rankings of income distributions A new parametric concept of intermediate inequality

Yoshida, Tateo

doi:10.1007/s00355-004-0318-2

Cited by 23 publications

(26 citation statements)

References 22 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Several intermediate IECs that yield the rightist (relative) and the leftist (absolute) positions as polar cases have since been suggested (e.g., Bossert and Pfingsten, 1990;Krtscha, 1994;Zoli, 2003;Yoshida, 2005;Zheng, 2007). Bossert and Pfingsten (1990) suggest a linear compromise between the two polar cases, but Zheng (2004), Zoli (2003), and Yoshida (2005) all point out that this is overly restrictive, i.e., a linear IEC fails to represent all intermediate vertical value judgments individuals may have.…”

Section: Refers Tomentioning

confidence: 99%

“…In particular, we extend the flexible IEC suggested by Zoli (2003) and Yoshida (2005) to bounded health measures. Beyond providing insights into the IECs underpinning commonly used rank-dependent indices such as Wagstaff's (2005) and the univariate and bivariate version of Erreygers' index (Erreygers 2009a,b, respectively), we suggest our own intermediate IEC.…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Lost in Translation: Rethinking the Inequality Equivalence Criteria for Bounded Health Variables

Kjellsson¹,

Gerdtham²

2013

Health and Inequality

View full text Add to dashboard Cite

What change in the distribution of a population's health preserves the level of inequality? The answer to the analogous question in the context of income inequality lies somewhere between a uniform and a proportional change. These polar positions represent the absolute and the relative Inequality Equivalence Criterion (IEC), respectively. A bounded health variable may be presented in terms of both health attainments and shortfalls. As a distributional change cannot simultaneously be proportional to attainments and to shortfalls, relative inequality measures may rank populations differently from the two perspectives. In contrast to the literature that stresses the importance of measuring inequality in attainments and shortfalls consistently using an absolute IEC, this paper formalizes a new compromise concept for a bounded variable by explicitly considering the two relative IECs, defined with respect to attainments and shortfalls, to represent the polar cases of defensible positions.We use a surplus-sharing approach to provide new insights on commonly used inequality indices by evaluating the underpinning IECs in terms of how infinitesimal surpluses of health must be successively distributed to preserve the level of inequality. We derive a one-parameter IEC that, unlike those implicit in commonly used indices, assigns constant weights to the polar cases independent of the health distribution.

show abstract

Section: Refers Tomentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Lost in Translation: Rethinking the Inequality Equivalence Criteria for Bounded Health Variables

Kjellsson¹,

Gerdtham²

2013

Health and Inequality

View full text Add to dashboard Cite

show abstract

“…We can then make use of a particular definition of τ, that is τ η (Krtscha, 1994, Zoli, 2003, Yoshida, 2005, so that τ 1 minèx 1 ,x 2 í µ 1 for a relative inequality aversion view and τ 0 minèx 1 , x 2 í µ for an absolute inequality aversion view. 11 For a given µ, τ ranges from µ 1 η 0 (extreme inequality) to 0 (perfect equality).…”

Section: Aversion To Intertemporal Variabilitymentioning

confidence: 99%

Intertemporal poverty comparisons

Bresson

Duclos

2014

Soc Choice Welf

View full text Add to dashboard Cite

Abstract:The paper deals with poverty orderings when multidimensional attributes exhibit some degree of comparability. The paper focuses on an important special case of this, that is, comparisons of poverty that make use of incomes at different time periods. The ordering criteria extend the power of earlier multidimensional dominance tests by making (reasonable) assumptions on the relative marginal contributions of each temporal dimension to poverty. Inter alia, this involves drawing on natural symmetry and asymmetry assumptions as well as on the mean/variability framework commonly used in the risk literature. The resulting procedures make it possible to check for the robustness of poverty comparisons to choices of temporal aggregation procedures and to areas of intertemporal poverty frontiers. The results are illustrated using a rich sample of 23 European countries over 2006-09.

show abstract

“…In this regard, works by Seidl and Pfingsten (1997), Del Río and Ruiz-Castillo (2000), Zoli (2003) and Yoshida (2005) propose several intermediate invariance concepts, but as far as we know, the only intermediate inequality indices proposed in the literature are those based on Bossert and Pfingsten (1990), Kolm (1976), Krtscha (1994) and Zheng (2007a). Unfortunately, the family of indices proposed by the former does not satisfy the unit-consistency axiom, and that of the second only covers a small subset of the whole set of intermediate attitudes.…”

Section: Introductionmentioning

confidence: 99%

New unit-consistent intermediate inequality indices

Río

Alonso‐Villar

2008

Econ Theory

View full text Add to dashboard Cite

This paper introduces a class of intermediate inequality indices, ( ), I δ π , that is at the same time ray-invariant and unit-consistent. These measures permit us to keep some of the good properties of Krtscha's (1994) index while keeping the same "centrist" attitude whatever the income increase is. In doing so, we approach the intermediate inequality concept suggested by Del Río and Ruiz-Castillo (2000) and generalize it in order to extend the range of income distributions which are comparable according to the rayinvariance criterion. JEL Classification: D63

show abstract

Social welfare rankings of income distributions A new parametric concept of intermediate inequality

Cited by 23 publications

References 22 publications

Lost in Translation: Rethinking the Inequality Equivalence Criteria for Bounded Health Variables

Lost in Translation: Rethinking the Inequality Equivalence Criteria for Bounded Health Variables

Intertemporal poverty comparisons

New unit-consistent intermediate inequality indices

Contact Info

Product

Resources

About