Rank Dependent Relative Mobility Measures
AbstractWe develop a directional measure of income mobility. This measure can be expresssed as a rank dependent mean of the individual mobilities in society and allows to give more weight to lower individual mobilities. The class includes the measures of directional mobility encountered in the literature. We apply our measure to compare income mobility between the United States and Germany, and find that giving more weight to the bottom end of the mobility distribution reverses the mobility ranking.
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Bibliographic InfoPaper provided by Ghent University, Faculty of Economics and Business Administration in its series Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium with number 10/628.
Length: 16 pages
Date of creation: Jan 2010
Date of revision:
income mobility; rank dependency;
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
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-04-17 (All new papers)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Valentino Dardanoni & Marcello D’Agostino, 2007.
"The Measurement of Rank Mobility,"
80, ECINEQ, Society for the Study of Economic Inequality.
- Marcello D’Agostino & Valentino Dardanoni, 2009. "What’s so special about Euclidean distance?," Social Choice and Welfare, Springer, vol. 33(2), pages 211-233, August.
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