Mobility as movement: A measuring proposal based on transition matrices
In this note we introduce a family of functions that various theoretical results have revealed as useful mobility measures. These functions have enabled us to circumvent an impossibility result obtained by Shorrocks (1978), by adapting one of his axioms to the context of mobility as movement. A particular case belonging to this family is the Bartholomew index, which is widely used in the empirical literature.
Volume (Year): 4 (2006)
Issue (Month): 22 ()
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- Fields, Gary S. & Ok, Efe A., 1996. "The Meaning and Measurement of Income Mobility," Journal of Economic Theory, Elsevier, vol. 71(2), pages 349-377, November.
- Shorrocks, A F, 1978. "The Measurement of Mobility," Econometrica, Econometric Society, vol. 46(5), pages 1013-24, September.
- Cowell, Frank A, 1985. "Measures of Distributional Change: An Axiomatic Approach," Review of Economic Studies, Wiley Blackwell, vol. 52(1), pages 135-51, January.
- Ebert, Udo, 1984. "Measures of distance between income distributions," Journal of Economic Theory, Elsevier, vol. 32(2), pages 266-274, April.
- Dagum, Camilo, 1980. "Inequality Measures between Income Distributions with Applications," Econometrica, Econometric Society, vol. 48(7), pages 1791-1803, November.
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