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Generalizing the S-Gini Family: Some Properties

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Author Info
Ana Marta Urrutia Careaga (Universidad del País Vasco)
Francisco José Goerlich Gisbert (Instituto Valenciano de Investigaciones Económicas)
Mª Casilda Lasso de la Vega (Universidad del País Vasco)

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Abstract

In the literature there are a number of generalizations of the Gini coefficient which inherit most of its appealing properties. These families allow the incorporation of different value judgments and all of them are more sensitive to transfers among the poorest individuals in society than to transfers among the richest. Consequently they fail to capture a fact with which perhaps not everybody agrees: it is always good for society to give much more additional income to the richest person than to the poorest one. The aim of this paper is to propose extensions of these generalizations of the Gini coefficient with measures which, preserving their properties, complete the information about all the inequality perceptions.

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File URL: http://www.ivie.es/downloads/docs/wpasad/wpasad-2009-16.pdf
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Publisher Info
Paper provided by Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) in its series Working Papers. Serie AD with number 2009-16.

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Length: 23 pages
Date of creation: Jan 2009
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Publication status: Published by Ivie
Handle: RePEc:ivi:wpasad:2009-16

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Related research
Keywords: Gini; Relative and Absolute Inequality Measures; Social Welfare.;

Find related papers by JEL classification:
D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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This page was last updated on 2009-11-15.

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