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Relative Deprivation with Imperfect Information

Author

Listed:
  • Paolo Verme

    () (Department of Economics S. Cognetti de Martiis, University of Torino and SDA Bocconi, Milano)

  • Rima Izem

    () (Statistics Department, Harvard University)

Abstract

The paper proposes an alternative index of relative deprivation which allows for selection of the reference group and imperfect information, two central elements of modern theories of social justice. An application to real data and a simulation on artificial data illustrate the use and some properties of the index.

Suggested Citation

  • Paolo Verme & Rima Izem, 2008. "Relative Deprivation with Imperfect Information," Economics Bulletin, AccessEcon, vol. 4(7), pages 1-9.
  • Handle: RePEc:ebl:ecbull:eb-07d60003
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    File URL: http://www.accessecon.com/pubs/EB/2008/Volume4/EB-07D60003A.pdf
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    References listed on IDEAS

    as
    1. John D. Hey & Peter J. Lambert, 1980. "Relative Deprivation and the Gini Coefficient: Comment," The Quarterly Journal of Economics, Oxford University Press, vol. 95(3), pages 567-573.
    2. Z. M. Berrebi & Jacques Silber, 1985. "Income Inequality Indices and Deprivation: A Generalization," The Quarterly Journal of Economics, Oxford University Press, vol. 100(3), pages 807-810.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Paolo Verme, 2010. "Relative labour deprivation and urban migration in Turkey," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 8(4), pages 391-408, December.
    2. Silber, Jacques & Verme, Paolo, 2012. "Relative deprivation, reference groups and the assessment of standard of living," Economic Systems, Elsevier, vol. 36(1), pages 31-45.
    3. Umar Serajuddin & Paolo Verme, 2015. "Who is Deprived? Who Feels Deprived? Labor Deprivation, Youth, and Gender in Morocco," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 61(1), pages 140-163, March.
    4. Verme, Paolo, 2009. "Happiness, Deprivation and the Alter Ego," IRISS Working Paper Series 2009-18, IRISS at CEPS/INSTEAD.

    More about this item

    JEL classification:

    • D6 - Microeconomics - - Welfare Economics
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty

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