Correcting the Concentration Index: A reply to Wagstaff
In this note, I reply to Adam Wagstaff's criticism of my corrected version of the Concentration Index for bounded health variables. I focus on three issues: (1) Wagstaff's suggestions with regard to the scale invariance property; (2) his distinction of relative and absolute inequality; and (3) a comparison of Wagstaff's index W with my index E. I show that his criticism is unfounded, and that his index is not superior to mine.
When requesting a correction, please mention this item's handle: RePEc:eee:jhecon:v:28:y:2009:i:2:p:521-524. See general information about how to correct material in RePEc.
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