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Measuring richness

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  • Andreas Peichl

    ()
    (University of Cologne)

Abstract

In this paper, we describe richness, a Stata program for the calculation of richness indices. Peichl, Schaefer, and Scheicher (2007) propose a new class of richness measures to contribute to the debate how to deal with the financing problems that European welfare states face as a result of global economic competition. In contrast to the often-used head count, these new measures are sensitive to changes in rich persons’ income. This approach allows for a more sophisticated analysis of richness, namely, the question whether the gap between rich and poor is widening. We propose to use our new measures in addition to the head count index for a more comprehensive analysis of richness.

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File URL: http://fmwww.bc.edu/repec/dsug2007/PEICHL_20070402_VortragStataUsersGroup.pdf
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Bibliographic Info

Paper provided by Stata Users Group in its series German Stata Users' Group Meetings 2007 with number 06.

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Date of creation: 11 Apr 2007
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Handle: RePEc:boc:dsug07:06

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Web page: http://www.stata.com/meeting/5german
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Cited by:
  1. Nuno Crespo & Sandrina B. Moreira & Nádia Simões, 2012. "An Integrated Approach for the Measurement of Inequality, Poverty and Richness," Working Papers Series 2 12-03, ISCTE-IUL, Business Research Unit (BRU-IUL).
  2. Andreas Peichl & Nico Pestel, 2010. "Multidimensional Measurement of Richness: Theory and an Application to Germany," SOEPpapers on Multidisciplinary Panel Data Research 295, DIW Berlin, The German Socio-Economic Panel (SOEP).
  3. Peichl, Andreas & Paulus, Alari, 2007. "Effects of flat tax reforms in Western Europe on equity and efficiency," FiFo Discussion Papers - Finanzwissenschaftliche Diskussionsbeiträge 08-4, University of Cologne, FiFo Institute for Public Economics.
  4. Andreas Peichl & Nico Pestel & Hilmar Schneider, 2012. "Does Size Matter? The Impact Of Changes In Household Structure On Income Distribution In Germany," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 58(1), pages 118-141, 03.
  5. Michal Brzezinski, 2010. "Income Affluence in Poland," Social Indicators Research, Springer, vol. 99(2), pages 285-299, November.
  6. Anthony B. Atkinson & Andrea Brandolini, 2011. "On the identification of the “middle class”," Working Papers 217, ECINEQ, Society for the Study of Economic Inequality.
  7. James Foster & Joel Greer & Erik Thorbecke, 2010. "The Foster–Greer–Thorbecke (FGT) poverty measures: 25 years later," Journal of Economic Inequality, Springer, vol. 8(4), pages 491-524, December.
  8. repec:ese:iserwp:2008-06 is not listed on IDEAS
  9. Ceriani, Lidia & Verme, Paolo, 2013. "The income lever and the allocation of aid," Policy Research Working Paper Series 6367, The World Bank.
  10. repec:ese:emodwp:em2-08 is not listed on IDEAS

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