The Extended Atkinson Family and Changes in the Expenditure Distribution: Spain 1973/74-2003
AbstractThis paper emphasizes the properties of a family of inequality measures which extends the Atkinson indices and is axiomatically characterized by a multiplicative decomposition property where the withingroup component is a generalized weighted mean with weights summing exactly to 1. This family contains canonical forms of all aggregative inequality measures, each bounded above by 1, has a useful and intuitive geometric interpretation and provides an alternative dominance criterion for ordering distributions in terms of inequality. Taking the Spanish Household Budget Surveys (HBS) for 1973/74, 1980/81, and 1990/91 and the more recent Continuous HBS for 2003, we show the advantages and possibilities of this extended family in regard to completing and detailing information in studies of inequality focussing on the tails of the distribution and on the changes in the distribution when the population is partitioned into population subgroups.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 16256.
Date of creation: 2009
Date of revision: 2009
Publication status: Published in Journal of Income Distribution 1.18(2009): pp. 20-41
inequality measurement; Atkinson indices;
Find related papers by JEL classification:
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-07-28 (All new papers)
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