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A Generalized Atkinson Index of Inequality

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  • Sriram Shankar

    (Monash University, Jalan Lagoon Selatan)

Abstract

This paper introduces a generalized Atkinson index of inequality and demonstrates its adherence to several key properties expected from any measure of inequality, such as anonymity, scale independence, population replication, transfer principle, and rising tide. Additionally, it shows that the conventional Atkinson index is nested within this generalized inequality measure. Finally, an empirical illustration using data from the Household, Income, and Labor Dynamics in Australia (HILDA) Survey underscores the utility of the proposed measure.

Suggested Citation

  • Sriram Shankar, 2025. "A Generalized Atkinson Index of Inequality," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 23(2), pages 647-660, June.
    • Handle: RePEc:spr:jqecon:v:23:y:2025:i:2:d:10.1007_s40953-025-00451-z
    DOI: 10.1007/s40953-025-00451-z
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    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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