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Measuring richness

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Author Info
Andreas Peichl () (University of Cologne)

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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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Publisher 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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  1. repec:ese:iserwp: is not listed on IDEAS
  2. Peichl, Andreas & Paulus, Alari, 2007. "Effects of flat tax reforms in Western Europe on equity and efficiency," FiFo-CPE Discussion Papers - Finanzwissenschaftliche Diskussionsbeiträge 08-4, University of Cologne, CPE - Cologne Center for Public Economics. [Downloadable!]
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  3. Peichl, Andreas & Schaefer, Thilo & Scheicher, Christoph, 2006. "Measuring Richness and Poverty," FiFo-CPE Discussion Papers - Finanzwissenschaftliche Diskussionsbeiträge 06-11, University of Cologne, CPE - Cologne Center for Public Economics. [Downloadable!]
  4. Peichl, Andreas & Mitschke, Joachim & Fuest, Clemens & Schaefer, Thilo, 2007. "Wider die Arbeitslosigkeit der beruflich Geringqualifizierten : Entwurf eines Kombilohn-Verfahrens für den Niedriglohnsektor," FiFo-CPE Discussion Papers - Finanzwissenschaftliche Diskussionsbeiträge 07-1, University of Cologne, CPE - Cologne Center for Public Economics. [Downloadable!]
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