Rationalising the Penn World Table - True Multilateral Indices for International Comparisons of real Income
AbstractThis paper analyses inequality in Ireland via a decomposition of the Gini coefficient by source of income. Using data from the Irish Household Budget Survey of 1987, seventeen components of disposable income are identified and their contribution to inequality evaluated. Their contribution to inequality at the margin is also calculated. The paper also examines how policy changes addressing inequality can be assessed in terms of their effect upon both equality and output via an abbreviated social welfare function.
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Bibliographic InfoPaper provided by School Of Economics, University College Dublin in its series Working Papers with number 199622.
Length: 46 pages
Date of creation: 25 Jun 1996
Date of revision:
GAIA ("Geary-Allen International Accounts") System; Geary Method; Index Numbers of Prices and Real Incomes; Penn World Table; PPP (Purchasing Power Parity); QUAIDS (Quadratic Almost Ideal Demand System);
Other versions of this item:
- J. Peter Neary, 2004. "Rationalizing the Penn World Table: True Multilateral Indices for International Comparisons of Real Income," American Economic Review, American Economic Association, vol. 94(5), pages 1411-1428, December.
- D1 - Microeconomics - - Household Behavior
- C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs
- F0 - International Economics - - General
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