Income Inequality Indices Interpreted as Measures of Relative Deprivation/Satisfaction
AbstractThis paper considers different ways of making comparisons between individuals in terms of deprivation and/or satisfaction. This allows the Gini index, the Bonferroni index and the De Vergottini index to be interpreted as social deprivation measures as well as social satisfaction measures. The inequality measures that belong to the β family, or linear combinations of them, are obtained when using different weighting schemes to average the deprivation and satisfaction associated with each income level. Particularly, the generalised Gini indices (Yitzhaki, Int Econ Rev 24:617–628 in 1983 ), the indices proposed by Aaberge (J Econ Inequal 5(3):305–322, 2007 ) or those proposed by Imedio-Olmedo et al. (J Public Econ Theory 13(1):97–124, 2011 ) can be used to evaluate social deprivation or social satisfaction in an income distribution. Copyright Springer Science+Business Media B.V. 2012
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Bibliographic InfoArticle provided by Springer in its journal Social Indicators Research.
Volume (Year): 109 (2012)
Issue (Month): 3 (December)
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Web page: http://www.springer.com/economics/journal/11135
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- BOSSERT, Walter & D'AMBROSIO, Conchita, 2012.
"Proximity-sensitive individual deprivation measures,"
Cahiers de recherche
2012-16, Universite de Montreal, Departement de sciences economiques.
- Walter Bossert & Conhita D’Ambrosio, 2012. "Proximity-Sensitive Individual Deprivation Measures," Working Papers 283, ECINEQ, Society for the Study of Economic Inequality.
- Walter Bossert & Conchita D'Ambrosio, 2012. "Proximity-Sensitive Individual Deprivation Measures," Cahiers de recherche 19-2012, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
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