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Inequality in Dual Economy Models

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Author Info
Fields, Gary S

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Abstract

This paper seeks to make more precise the notion of inequality by asking how inequality ought to behave under certain kinds of income changes. These view are derived axiomatically from the Lorenz properties and from additional considerations of 'elitism of the rich' and 'isolation of the poor.' Although several alternative patterns are generated, six commonly used inequality measures accord with one particular inequality pattern. Inequality measures can be formulated to represent the other inequality patterns; a class of such measures is displayed. Copyright 1993 by Royal Economic Society.

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Publisher Info
Article provided by Royal Economic Society in its journal The Economic Journal.

Volume (Year): 103 (1993)
Issue (Month): 420 (September)
Pages: 1228-35
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Handle: RePEc:ecj:econjl:v:103:y:1993:i:420:p:1228-35

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  1. Lewis S. Davis, 2004. "Explaining the Evidence on Inequality and Growth: Informality and Redistribution," DEGIT Conference Papers c009_032, DEGIT, Dynamics, Economic Growth, and International Trade. [Downloadable!]
  2. repec:bep:maccon:v:7:y:2007:i:1:p:1498-1498 is not listed on IDEAS
  3. Juan Vicente-Perdiz & Luis M. Borge, 2000. "Desarrollo y desigualdad con progreso técnico," Investigaciones Economicas, Fundación SEPI, vol. 24(3), pages 709-726, September. [Downloadable!]
  4. Theo Eicher & Cecilia Garcia-Penalosa, 2000. "Inequality and Growth: The Dual Role of Human Capital in Development," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
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  5. Theo S Eicher & Cecilia Garcia Penalosa, . "Inequality and Growth," Discussion Papers in Economics at the University of Washington 0083, Department of Economics at the University of Washington. [Downloadable!]
    Other versions:
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