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Intermediate inequality and welfare

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  • Coral del RÎo

    ()
    (Departamento de EconomÎa Aplicada, Universidade de Vigo Campus Lagoas - Marcoseude, 36200 Vigo, Spain Departamento de EconomÎa, Universidad Carlos III, calle Madrid 126-128, 28903 Getafe, Madrid, Spain)

  • Javier Ruiz-Castillo

    ()
    (Departamento de EconomÎa Aplicada, Universidade de Vigo Campus Lagoas - Marcoseude, 36200 Vigo, Spain Departamento de EconomÎa, Universidad Carlos III, calle Madrid 126-128, 28903 Getafe, Madrid, Spain)

Abstract

We introduce a new centrist or intermediate inequality concept, between the usual relative and absolute notions, which is shown to be a variant of the -ray invariant inequality measures in Pfingsten and Seidl (1997). We say that distributions x and y have the same (x, )-inequality if the total income difference between them is allocated among the individuals as follows: 100% preserving income shares in x, and 100(1-)% in equal absolute amounts. This notion can be made as operational as current standard methods in Shorrocks (1983).

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Bibliographic Info

Article provided by Springer in its journal Social Choice and Welfare.

Volume (Year): 17 (2000)
Issue (Month): 2 ()
Pages: 223-239

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Handle: RePEc:spr:sochwe:v:17:y:2000:i:2:p:223-239

Note: Received: 13 May 1998/Accepted: 25 January 1999
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Cited by:
  1. Coral del Río & Olga Alonso-Villar, 2007. "Rankings of Income Distributions: A Note on Intermediate Inequality Indices," Working Papers 68, ECINEQ, Society for the Study of Economic Inequality.
  2. Casilda Lasso de la Vega & Christian Seidl, 2007. "The Impossibility of a Just Pigouvian," Working Papers 69, ECINEQ, Society for the Study of Economic Inequality.
  3. Coral Río & Olga Alonso-Villar, 2010. "New unit-consistent intermediate inequality indices," Economic Theory, Springer, vol. 42(3), pages 505-521, March.
  4. Henar Diez & Mª Casilda Lasso de la Vega & Ana Marta Urrutia, 2007. "Unit-Consistent Aggregative Multidimensional Inequality Measures: A Characterization," Working Papers 66, ECINEQ, Society for the Study of Economic Inequality.
  5. Anthony B. Atkinson & Andrea Brandolini, 2009. "On analysing the world distribution of income," Temi di discussione (Economic working papers) 701, Bank of Italy, Economic Research and International Relations Area.
  6. Francisco José Goerlich Gisbert & Antonio Villar Notario, 2009. "Desigualdad y bienestar en España y sus comunidades autónomas (1973-2003)," Revista de Economia Aplicada, Universidad de Zaragoza, Departamento de Estructura Economica y Economia Publica, vol. 17(2), pages 119-152, Autumn.
  7. Francisco Azpitarte & Olga Alonso-Villar, 2012. "A Dominance Criterion for Measuring Income Inequality from a Centrist View: The Case of Australia," Melbourne Institute Working Paper Series wp2012n03, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
  8. Ebert, Udo, 2004. "Coherent inequality views: linear invariant measures reconsidered," Mathematical Social Sciences, Elsevier, vol. 47(1), pages 1-20, January.
  9. Aitor Lacuesta & Mario Izquierdo, 2012. "The contribution of changes in employment composition and relative returns to the evolution of wage inequality: the case of Spain," Journal of Population Economics, Springer, vol. 25(2), pages 511-543, January.
  10. Udo Ebert & Patrick Moyes, 2002. "Welfare, inequality and the transformation of incomes the case of weighted income distributions," Journal of Economics, Springer, vol. 9(1), pages 9-50, December.
  11. Satya Chakravarty & Swami Tyagarupananda, 2009. "The subgroup decomposable intermediate indices of inequality," Spanish Economic Review, Springer, vol. 11(2), pages 83-97, June.
  12. Coral del Río, 2002. "Desigualdad intermedia paretiana," Investigaciones Economicas, Fundación SEPI, vol. 26(2), pages 299-321, May.
  13. Hedenus, Fredrik & Azar, Christian, 2005. "Estimates of trends in global income and resource inequalities," Ecological Economics, Elsevier, vol. 55(3), pages 351-364, November.

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