Revisiting comparisons of income inequality when Lorenz curves intersect

The main purpose of this paper is to compare the income inequality and welfare levels between countries selected on a worldwide basis in the 1980s. As analytical tools, Lorenz curves, the Gini coefficients and generalized Lorenz curves are used. Implicit in our analysis is the presumption that welfare is a function of the "size" of total income and distributional equality. This study makes it possible to observe the welfare levels of the selected countries by combining real GDP per capita with income decile. It thus contributes to increasing our understanding of household income inequality and welfare levels in the 1980s. Data for this study is from the "Households Income and Expenditure Statistics, 4th edition" (HIES), one of a series published by the International Labour Organization.

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ASPECTS OF INCOME INEQUALITY IN GREECE: 1959-1982

10.12681/eadd/1783 ◽

1988 ◽

Author(s):

Αλεξάνδρα Λειβαδά

Keyword(s):

Income Inequality ◽

Income Distribution ◽

Survey Data ◽

Inequality Index ◽

Lorenz Curves ◽

Inequality Measures ◽

Inflation Rates ◽

Income Data ◽

Distributional Impact ◽

Reported Income

THIS THESIS EXAMINES MACROECONOMIC AND MICROECONOMIC ASPECTS OF INCOME INEQUALITY IN GREECE DURING THE PERIOD 1959-1982. THE MACROECONOMIC ASPECTS ARE CONCERNED WITH THE TREND AND CYCLES OF INCOME DISTRIBUTION. THE MICROECONOMIC ASPECTS ARE RELATED TO THE DISTRIBUTIONAL IMPACT OF HOUSEHOLD'S INFLATION RATES. A BROAD SET OF SUMMARY AND DISAGGREGATED INEQUALITY MEASURES IS COMPUTED FOR THE FORMER PURPOSE USING REPORTED INCOME DATA FROM TAX DECLARATIONS. THERE IS A DISCREPANCY IN THE SUGGESTED INEQUALITY TREND DUE TO INTERSECTING LORENZ CURVES AND THE PROPERTIES SATISFIED BY EACH INEQUALITY INDEX. ALSO, THE 1981-82 HOUSEHOLD EXENDITURE SURVEY DATA ARE USED TO CALCULATE THE DISTRIBUTION RATES ACROSS HOUSEHOLDS.

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A new ordered family of Lorenz curves with an application to measuring income inequality and poverty in rural China

China Economic Review ◽

10.1016/j.chieco.2008.12.003 ◽

2009 ◽

Vol 20 (2) ◽

pp. 218-235 ◽

Cited By ~ 13

Author(s):

Zuxiang WANG ◽

Russell SMYTH ◽

Yew-Kwang NG

Keyword(s):

Income Inequality ◽

Rural China ◽

Lorenz Curves

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A new inequality index?

RBEST: Revista Brasileira de Economia Social e do Trabalho ◽

10.20396/rbest.v3i00.15634 ◽

2021 ◽

Vol 3 ◽

pp. e021001

Author(s):

Rodolfo Hoffmann

Keyword(s):

Income Inequality ◽

Gini Index ◽

Inequality Index ◽

Lorenz Curves ◽

Labour Economics ◽

Distribution Of Income ◽

Brazilian Journal

This article aims to motivate the debate on methods of measuring income inequality and poverty to compare regions in a country (or to compare selected countries). It is a criticism of an article published in volume 2 of the Brazilian Journal of Social and Labour Economics. The modification of the Gini index proposed by Esparza et al. (2020) involves arbitrary and unjustified definitions. There are already established methods, such as the generalized Lorenz curves, to compare the distribution of income in several regions without the analysis being limited to their inequality.

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Income Inequality, Trust and Population Health

PsycEXTRA Dataset ◽

10.1037/e507502013-056 ◽

2012 ◽

Author(s):

Frank Elgar

Keyword(s):

Income Inequality ◽

Population Health

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Income inequality within and between villages in a rural region of China

10.32469/10355/6029 ◽

2007 ◽

Author(s):

Jing Kong

Keyword(s):

Income Inequality ◽

Rural Region

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Credit Market Depth and Income Inequality in Vietnam: A Panel-Data Analysis

Journal of Economics and Development ◽

10.33301/2016.18.02.01 ◽

2016 ◽

pp. 5-18

Author(s):

Hoi Le Quoc ◽

Hoi Chu Minh

Keyword(s):

Data Analysis ◽

Panel Data ◽

Income Inequality ◽

Financial Development ◽

Inflection Point ◽

Panel Data Analysis ◽

Credit Market ◽

Method Of Moment ◽

Market Depth ◽

Generalized Method Of Moment

Financial development could exert various effects on income distribution of a country. By employing Generalized Method of Moment, this paper aims at examining the impacts of credit market depth, one of most used financial development barometers, on income inequality in Vietnam. The empirical findings show that expanding credit market in the country could lead to higher income inequality. We have not found evidence that supports the hypothesis of an inverted U-shaped relation ever introduced by Greenwood and Jovanovich, although this hypothesis may still hold in a sense that Vietnam has not reached to the inflection point to generate such a curve alike.

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