Comparing Multidimensional Indices of Inequality: methods and application
The paper provides an examination into the measures of multidimensional inequality proposed in the past few years, their properties and majorization criteria. It offers a generalisation of Bourguignon index proposed so that it includes Tsui measures (1999) while preserving the virtues of Maasoumi’s method (1986) of explicitly acknowledging the role of parameters relevant of multivariate settings. An application to the Argentine data is provided to illustrate the decisions involved in the process of applying these measures and the usefulness of having appropriate criteria for the choice.
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