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This paper explains how to build Lorenz Curves for income distributions and discusses their use for inequality measurement. A short conceptual background, a step-by-step procedure and a simple numerical example illustrate how to calculate and draw Lorenz Curves. A discussion on the use of Lorenz...
Persistent link: https://www.econbiz.de/10008919738
This paper illustrates how Lorenz Curves can be used to identify the best income distribution on social welfare grounds, within a set of alternative income distributions generated by different policy options. After highlighting some drawbacks of using specific functional forms of the Social...
Persistent link: https://www.econbiz.de/10009004151
This module illustrates how Generalised Lorenz (GL) Curves can be used to identify the best income distribution on social welfare grounds, within a set of alternative income distributions generated by different policy options, in many of the cases where ordinary Lorenz curves fail to work After...
Persistent link: https://www.econbiz.de/10011257958
This Article presents an original empirical analysis demonstrating that low-income families experience far greater income fluctuations than higher-income families and, as a result, taxation of annual income disproportionately burdens low-income families. The author proposes two simple income...
Persistent link: https://www.econbiz.de/10014194263
This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...
Persistent link: https://www.econbiz.de/10014023678
in poverty and income inequality, up to 2010 or 2011 in most countries. We provide measures of the levels and trends in … each of these areas, as well as an integrated discussion of empirical choices made in the measurement of poverty, overall …
Persistent link: https://www.econbiz.de/10014025343
in rural areas, but it has not reduced poverty that much, not least because of how it is administered. Moreover, the …
Persistent link: https://www.econbiz.de/10008480479
in rural areas, but it has not reduced poverty that much, not least because of how it is administered. Moreover, the …
Persistent link: https://www.econbiz.de/10012444749
This paper analyzes the relationship between growth, poverty and income distribution using household data for Colombia … for the years 1996 to 2004. We study the relationship between growth, inequality and poverty by following the Poverty … degree to which the poor benefit from the growth process. We also carry out a decomposition of the changes in poverty to …
Persistent link: https://www.econbiz.de/10005597323
In this paper I will analyse the redistribution of income amongst n generations using the Single-mindedness Theory. I will introduce a new expression for the balanced-budget constraint, no longer based on lump- sum transfers as in the traditional literature, but rather on more realistic labour...
Persistent link: https://www.econbiz.de/10005835397