Partial Ordering of Unpredictable Mobility with Welfare Implications
AbstractWe propose a partial ordering of 'unpredictable mobility' in the spirit of Blackwell's ordering of information structures. The proposed ordering ranks mobility matrices according to the degree to which elements in a given set are likely to move from one state to another, "independently of their origin". Furthermore, for an important class of transition structures, our proposed ordering implies ordering, thus carrying significant welfare implications. Moreover, whenever it exists, our partial ordering functions as a sufficient condition for a class of renowned mobility measures and thereby generates, for a subset of transition matrices, unanimous ranking among mobility indices that are not generally consistent with one another. Copyright (c) The London School of Economics and Political Science 2007.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by London School of Economics and Political Science in its journal Economica.
Volume (Year): 75 (2008)
Issue (Month): 299 (08)
Contact details of provider:
Postal: Houghton Street, London WC2A 2AE
Phone: +44 (020) 7405 7686
Web page: http://www.blackwellpublishing.com/journal.asp?ref=0013-0427
More information through EDIRC
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Danny Ben-Shahar & Eyal Sulganik, 2011. "Vacancy chains and the degree of mobility in the housing market," The Annals of Regional Science, Springer, vol. 47(3), pages 569-583, December.
- John Creedy & Elin Halvorsen & Thor O. Thoresen, 2011.
"Inequality Comparisons in a Multi-Period Framework: The Role of Alternative Welfare Metrics,"
Department of Economics - Working Papers Series
1127, The University of Melbourne.
- John Creedy & Elin Halvorsen & Thor O. Thoresen, 2013. "Inequality Comparisons In A Multi-Period Framework: The Role Of Alternative Welfare Metrics," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 59(2), pages 235-249, 06.
- Creedy, John & Halvorsen, Elin & Thoresen, Thor, 2012. "Inequality Comparisons in a Multi-Period Framework: The Role of Alternative Welfare Metrics," Working Paper Series 2434, Victoria University of Wellington, Chair in Public Finance.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.