Ray-invariant intermediate inequality measures: A Lorenz dominance criterion
This paper introduces a new Lorenz dominance criterion that allows ranking income distributions according to ray-invariant intermediate inequality measures. In doing so, it defines a-Lorenz curves by adapting the generalized Lorenz curves to this case. In addition, it provides an empirical illustration of these tools using Australian income data for the period 2001-2008. The results suggest that despite the reduction of relative inequality, inequality increased for most ray-invariant intermediate value judgments.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Moyes, Patrick, 1987. "A new concept of Lorenz domination," Economics Letters, Elsevier, vol. 23(2), pages 203-207.
- Coral del Río & Olga Alonso-Villar, 2007. "Rankings of Income Distributions: A Note on Intermediate Inequality Indices," Working Papers 68, ECINEQ, Society for the Study of Economic Inequality.
- Coral Río & Olga Alonso-Villar, 2010.
"New unit-consistent intermediate inequality indices,"
Springer;Society for the Advancement of Economic Theory (SAET), vol. 42(3), pages 505-521, March.
- Coral del Río & Olga Alonso-Villar, 2007. "New Unit-Consistent Intermediate Inequality Indices," Working Papers 63, ECINEQ, Society for the Study of Economic Inequality.
- Satya Chakravarty & Swami Tyagarupananda, 2009. "The subgroup decomposable intermediate indices of inequality," Spanish Economic Review, Springer;Spanish Economic Association, vol. 11(2), pages 83-97, June.
- Seidl, Christian & Theilen, Bernd, 1994. "Stochastic independence of distributional attitudes and social status : A comparison of German and Polish data," European Journal of Political Economy, Elsevier, vol. 10(2), pages 295-310, July. Full references (including those not matched with items on IDEAS)
When requesting a correction, please mention this item's handle: RePEc:inq:inqwps:ecineq2011-226. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Maria Ana Lugo)
If references are entirely missing, you can add them using this form.