Relative Income Changes and an Identification of Growth Pattern
AbstractThe paper proposes a method of identification of a growth pattern by analyzing the direct relation between income (or some other measure of wealth) of the poorer and of the richer. To this end the basic idea underlying Zenga’s concept of inequality measurement is applied. The proposed relative income change measures allude to the intuitive concept of the proportion of two averages: upper and lower – with respect to a given quantile of the income distribution. In this sense it directly refers to the relation of the poor and the non-poor. The relative income change measure is then applied to the analysis of income growth pattern in selected countries, using the data from Luxembourg Income Study Database.
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Bibliographic InfoPaper provided by ECINEQ, Society for the Study of Economic Inequality in its series Working Papers with number 268.
Length: 23 pages
Date of creation: Sep 2012
Date of revision:
growth pattern; income distribution; pro-poor growth;
Find related papers by JEL classification:
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- C46 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Specific Distributions
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-11-17 (All new papers)
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