Axiomatic measurement of multidimensional well-being inequality: Some distributional questions
AbstractThis paper focuses on two main issues which are crucial for improving on the analysis of multidimensional inequality: the effect of both the dispersion of well-being attributes across individuals and the interaction among attributes on the measurement of multidimensional well-being. To approach these distributional questions we rely on the Atkinson, Kolm, Sen (hereafter AKS) methodology, which defines a multidimensional inequality index consistent with the Pigou–Dalton principle. This index can be decomposed into univariate indexes belonging to the class of AKS indexes, and a residual term accounting for the interaction across dimensions. The empirical application investigates the evolution of inequality in well-being across some EU countries between 1994 and 2001.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics).
Volume (Year): 41 (2012)
Issue (Month): 5 ()
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Web page: http://www.elsevier.com/locate/inca/620175
Well-being; Inequality indicators; European Union;
Find related papers by JEL classification:
- D30 - Microeconomics - - Distribution - - - General
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
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