We study the evolution of earnings inequality in Switzerland during the recession of the 1990s. We compare the Lorenz curves of the 1992 and 1997 distributions, as well as the related generalised Lorenz curves, given the pay deterioration witnessed during this period. The Lorenz curve is shown to move upward. However, on the basis of the generalised Lorenz criterion, we are led to conclude that this reduction in inequality was insufficient, from a social welfare perspective, to make up for the reduction in average pay.
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Volume (Year): 138 (2002) Issue (Month): II (June) Pages: 115-136 Download reference. The following formats are available: HTML
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Find related papers by JEL classification: J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Shorrocks, Anthony F, 1983.
"Ranking Income Distributions,"
Economica,
London School of Economics and Political Science, vol. 50(197), pages 3-17, February.
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