Open Access
Subscription Access
Open Access
Subscription Access
An Appraisal of the Pro Transfer-Sensitive Measures of Economic Inequality with Left-Leaning Considerations
Subscribe/Renew Journal
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.
Subscription
Login to verify subscription
User
Font Size
Information
- Amato, V. (1968), Metodologia Statistica Strutturale, Vol. 1, Cacucci, Bari.
- Arnold, B.C. (2005), Inequality Measures for Multivariate Distributions, METRON - International Journal of Statistics, 63(3): 317-327.
- ---------- (2012), On the Amato inequality index, Statistics and Probability Letters, 82(8): 1504-1506.
- Atkinson, A.B. (1970), On the Measurement of Inequality, Journal of Economic Theory, 2(3): 244-263.
- Feynman, R.P. (2011), Feynman Lectures on Physics 1: Mainly Mechanics, Radiation, and Heat, New York, Basic Books.
- Jenkins, A.F. and H.E. White (1981), Fundamentals of Optics, New Delhi, McGraw-Hill International.
- Kakwani, N. (1980), Income Inequality and Poverty: Methods of Estimation and Policy Applications, New York, Oxford University Press.
- Kendall, M.G. (1948), The Advanced Theory of Statistics, Vol. 1, (Fourth Edition), London, Charles Griffin.
- Lombardo, E. (1969), Nota Sulla Concentrazione Secondo GINI-LORENZ, in Quaderni dell’Istituto di Statistica, Università degli Studi di Roma, Facolt`a di Economia e Commercio: Roma, 5: 137–142.
- Majumder, A. (2014), An Alternative Measure of Economic Inequality in the Light of Optics, Working Paper Series, ECINEQ 2014-346, Verona, Available at: http://www.ecineq.org /milano /WP/ECINEQ2014-346.pdf (accessed on 19 April 2018).
- ---------- (2015), An Alternative Measure of Economic Inequality under the Lorenz Curve Framework in Analogue to the Index of Refraction of Geometrical Optics, Economics Bulletin, 35(2): 1076-1086.
- Osberg, L. (1981), Economic Inequality in Canada, Toronto, Butterworths.
- ---------- (2017), On the Limitations of Some Current Usages of the Gini Index, Review of Income and Wealth, 63(3): 574–584, doi:10.1111/roiw.12256
- Piketty, T. (2014), Capital in the Twenty-First Century, Cambridge, Harvard University Press.
- Scala, C. (1969), Nota sulla sensibilità di un indice di concentrazione, Atti della XXVI Riunione Scientifica della Società Italiana di Statistica: Firenze, 2: 425-433.
- Subramanian, S. (2010), Tricks with the Lorenz Curve, Economics Bulletin, 30(2): 1594-1602.
- ---------- (2015), More Tricks with the Lorenz Curve, Economics Bulletin, 35(1): 580-589.
- UNU-WIDER (2017), World Income Inequality Database (WIID3.4), January 2017, available at: https://www.wider.unu.edu/database/world-income-inequality-database- wiid34 (accessed on 06 September 2017).
- Yitzhaki, S. and E. Schechtman (2013), More than a Dozen alternative Ways of Spelling Gini, in The Gini Methodology: A Primer on a Statistical Methodology, New York, Springer.
Abstract Views: 399
PDF Views: 0