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Stochastic Dominance Amongst Swedish Income Distributions

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Author Info
Heshmati, Almas () (Dept. of Economic Statistics, Stockholm School of Economics)
Maasoumi, Esfandiar () (Dept. of Economics, Southern Methodist University)

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Abstract

Sweden's income distribution for the whole population and for subgroups, including its immigrants, has been extensively studied. The interest in this area has grown with increasing availability of data, including panels. The previous studies are based on indices of inequality or mobility. While indices are useful for complete ordering and have an air of "decisiveness" about them, they lack universal acceptance of the value judgements inherent to the welfare functions that underlay all indices. In contrast, uniform partial order relations are studied in this paper which rank welfare situations over very wide classes of welfare functions. We conduct bootstrap tests for the existence of first and second order stochastic dominance amongst Sweden's income distributions over time and for several subgroups of immigrants. Analysis of immigrant's income is motivated by the fact that the development of income for immigrants has been different and strongly affected by their length of residence and countries of origin. We consider eleven waves of a panel of incomes in Sweden. Two income definitions are developed. One is pre-transfers and taxes gross income, the other is a post-transfers and taxes disposable income. The comparison of the distribution of these two variables affords a partial view of Sweden's welfare system. We have focused on the incomes of Swede's and immigrant groups of single individuals identified by country of origin, length of residence, age, education, gender, marital status and other relevant characteristics. We find that first order dominance is rare, but second order relation holds in several cases.

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Publisher Info
Paper provided by Stockholm School of Economics in its series Working Paper Series in Economics and Finance with number 279.

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Length: 37 pages
Date of creation: 06 Nov 1998
Date of revision:
Publication status: Published in Econometric Reviews, 2000, pages 287-320.
Handle: RePEc:hhs:hastef:0279

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Related research
Keywords: Sweden; Immigrants; Optimal policy; Stochastic Dominance; Lorenz Curves; Bootstrap; Income Distribution; Nonparametric Testing;

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Find related papers by JEL classification:
D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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  1. Rebecca Valenzuela & Hooi Hooi Lean, 2007. "Stochastic Dominance Analysis Of Australian Income Distributions," Monash Economics Working Papers 21/07, Monash University, Department of Economics. [Downloadable!]
  2. Y.K. Tse & Xibin Zhang, 2003. "A Monte Carlo Investigation of Some Tests for Stochastic Dominance," Monash Econometrics and Business Statistics Working Papers 7/03, Monash University, Department of Econometrics and Business Statistics. [Downloadable!]
  3. Maasoumi, Esfandiar & Almas Heshmati, 2003. "Evaluating Dominance Ranking of PSID Incomes by various Household Attributes," Departmental Working Papers 0509, Southern Methodist University, Department of Economics. [Downloadable!]
    Other versions:
  4. Daniel L. Millimet & Esfandiar Maasoumi, 2005. "Robust inference concerning recent trends in US environmental quality," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 20(1), pages 55-77. [Downloadable!]
  5. Heshmati, Almas, 2004. "A Review of Decomposition of Income Inequality," IZA Discussion Papers 1221, Institute for the Study of Labor (IZA). [Downloadable!]
  6. Aycan, Çelikaksoy & Lena, Nekby & Saman, Rashid, 2009. "Assortative Mating by Ethnic Background and Education in Sweden: The Role of Parental Composition on Partner Choice," SULCIS Working Papers 2009:7, Stockholm University Linnaeus Center for Integration Studies - SULCIS. [Downloadable!]
  7. Heshmati, Almas, 2004. "Continental and Sub-Continental Income Inequality," IZA Discussion Papers 1271, Institute for the Study of Labor (IZA). [Downloadable!]
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  8. Millimet, Daniel L. & Wang, Le, 2009. "Is the Quantity-Quality Trade-off a Trade-off for All, None, or Some?," IZA Discussion Papers 4078, Institute for the Study of Labor (IZA). [Downloadable!]
  9. Backman, Mikaela & Bjerke, Lina, 2009. "Returns to Higher Education - a regional perspective," Working Paper Series in Economics and Institutions of Innovation 171, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies. [Downloadable!]
  10. Roosen, Jutta & Hennessy, David A., 2001. "Tests For The Role Of Risk Aversion On Input Use," 2001 Annual meeting, August 5-8, Chicago, IL 20498, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
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  11. Maasoumi, Esfandiar & Millimet, Daniel & Sarkar, Dipanwita, 2005. "The Distribution of Returns to Marriage," Departmental Working Papers 0503, Southern Methodist University, Department of Economics. [Downloadable!]
  12. Millimet, Daniel & Wang, Le, 2005. "Is the Quantity-Quality Trade-off Really a Trade-off for All?," Departmental Working Papers 0502, Southern Methodist University, Department of Economics. [Downloadable!]
  13. Esfandiar Maasoumi & Daniel L. Millimet & Dipanwita Sarkar, 2008. "Who Benefits from Marriage?," Emory Economics 0807, Department of Economics, Emory University (Atlanta). [Downloadable!]
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  14. Oliver Linton & Esfandiar Maasoumi & Whang, Yoon-Jae, 2002. "Consistent Testing for Stochastic Dominance: A Subsampling Approach," Cowles Foundation Discussion Papers 1356, Cowles Foundation, Yale University, revised Mar 2002. [Downloadable!]
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  15. Timothy K.M. Beatty & Jay P. Shimshack & Michael B. Ward, 2005. "Are Mercury Advisories Effective? Information, Education, and Fish Consumption," Discussion Papers Series, Department of Economics, Tufts University 0502, Department of Economics, Tufts University. [Downloadable!]
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  16. Eren, Ozkan & Millimet, Daniel, 2005. "Time to Learn? The Organizational Structure of Schools and Student Achievement," Departmental Working Papers 0506, Southern Methodist University, Department of Economics. [Downloadable!]
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