Policy Impacts on Inequality: Inequality and Axioms for its Measurement
This tool illustrates the concept of desirable properties any inequality index should respect. In particular, it introduces the distinction between a positive and a normative approach to inequality analysis. Then, it discusses the role of axioms in inequality measurement and their conceptual meaning. Finally, using the Gini Index and the variance, a step-by-step procedure and numerical examples are introduced for operational purposes.
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Main Author: | |
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Format: | Document biblioteca |
Language: | English |
Published: |
FAO ;
2006
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Online Access: | https://openknowledge.fao.org/handle/20.500.14283/AM340E http://www.fao.org/3/a-am340e.pdf |
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Summary: | This tool illustrates the concept of desirable properties any inequality index should respect. In particular, it introduces the distinction between a positive and a normative approach to inequality analysis. Then, it discusses the role of axioms in inequality measurement and their conceptual meaning. Finally, using the Gini Index and the variance, a step-by-step procedure and numerical examples are introduced for operational purposes. |
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