Complaints and inequality
Temkin (1986, 1993) set out a philosophical basis for the analysis of income inequality that provides an important alternative to the mainstream welfarist approach. We show that the Temkin principles can be characterised by a parsimonious axiomatic structure and we use this structure to derive a new class of inequality indices and an inequality ordering. This class of indices has a family relationship to well-known measures of inequality, deprivation and poverty. The ordering is shown to have properties analogous to second-order dominance results. Copyright Springer-Verlag 2004
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Volume (Year): 23 (2004)
Issue (Month): 1 (08)
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References listed on IDEAS
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LSE Research Online Documents on Economics
2084, London School of Economics and Political Science, LSE Library.
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