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An Appraisal of the Pro Transfer-Sensitive Measures of Economic Inequality with Left-Leaning Considerations
An inequality measure is said to be pro transfer-sensitive when the diminution in index value following transfer between the poorer pair of individuals is greater than the diminution in index value following transfer between the richer pair of individuals. This property conforms to the prime but latent objective of studying economic inequality, which prioritises the claim of the worse-off of the two groups. However, such measures are either much less frequently employed or lesser known. This paper makes an appraisal of some of them synchronising various approaches and perspectives with an overt objective of making them popular.
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