Get Advances on Income Inequality and Concentration Measures PDF

By Gianni Betti, Achille Lemmi

ISBN-10: 0203927923

ISBN-13: 9780203927922

ISBN-10: 0415443377

ISBN-13: 9780415443371

This impressive collection from a few of today’s top distributional analysts presents an outline a variety of fiscal, statistical and sociological relationships which have been spread out for clinical examine by means of the paintings of 2 turn-of-the-20th-century economists: C. Gini and M. O. Lorenz.

The authors contain such figues as Barry Arnold and Frank Cowell and the ensuing e-book merits its position at the bookshelf of significant mathematical economists everywhere.

Show description

Read or Download Advances on Income Inequality and Concentration Measures PDF

Best microeconomics books

Download e-book for iPad: Economic Disasters of the Twentieth Century by Michael J. Oliver, Derek H. Aldcroft

'Here is a booklet to hot the cockles of George Santayana's center. Can coverage makers and, specifically, economists study from their blunders? in the event that they can, then they need to begin by way of interpreting Oliver and Aldcroft's gripping assortment of the good fiscal coverage blunders of the 20th century. '- Barry Eichengreen, college of California, Berkeley, USHow will we outline an monetary catastrophe?

Valuing Children: Rethinking the Economics of the Family by Nancy Folbre PDF

Nancy Folbre demanding situations the traditional economist's assumption that oldsters have young children for a similar cause that they gather pets--primarily for the excitement in their corporation. little ones develop into the employees and taxpayers of the subsequent iteration, and "investments" in them provide an important payback to different contributors within the economic climate.

Download e-book for iPad: THE BUBBLE AND BEYOND by Michael Hudson

THE BUBBLE AND past describes how the expansive forces of business capitalism were subverted via ultra-modern predatory finance capitalism. How did all of it take place and the way will it impact us? the answer's a laundry record of concerns: what's inflated debt? Debt deflation? Globalization? Privatization of public resources?

Extra info for Advances on Income Inequality and Concentration Measures

Sample text

4 Dalton’s key principle In his important paper on desirable properties of income inequality measures, Dalton (1920) proposed four principles. The important one for our purposes is the one that says that, if we take a small amount from an individual in a population and give it to a relatively poorer individual in the population, the result will be a decrease in inequality. In other words, Robin Hood, in taking from the rich and giving to the poor, is indeed reducing inequality. In honor of the celebrated hero of Sherwood Forest, we will call this the Robin Hood principle (it is also known as the Dalton or the PigouDalton principle) and the operation as a Robin Hood transfer.

Ebert and Moyes (2000) provide an axiomatization of individual deprivation whereby the index is to be defined for all logically possible reference groups for a given N. As an alternative Bossert and D’Ambrosio (2006) axiomatize the Yitzhaki index using an approach that differs from Ebert and Moyes (2000) in the way the reference group of an individual is to be represented. Although it is otherwise similar to Ebert and Moyes (2000), some of the other axioms have to be modified or replaced as a result of this alternative way of characterizing the reference group.

We will say that T has a phase-type distribution of order n if n is the smallest integer such that the distribution can be identified with the time to absorption in a chain with n transient and one absorbing state. e. d. exponential (l) random variables. e. we have a = (1, 0, . , 0)) and progresses 20 Introduction sequentially through the states 2,3, . , n + 1 spending an independent exponential (l) time in each transient state. Denote such a simple phase-type random variable by T*. It is evident that phase-type distributions of order n with the same mean can exhibit considerable differences in their variability.

Download PDF sample

Advances on Income Inequality and Concentration Measures by Gianni Betti, Achille Lemmi


by Paul
4.4

Rated 4.89 of 5 – based on 35 votes