Reference : Extreme values, means, and inequality measurement
Scientific journals : Article
Business & economic sciences : Social economics
http://hdl.handle.net/10993/44203
Extreme values, means, and inequality measurement
English
d'ambrosio, Conchita mailto [University of Luxembourg > Faculty of Language and Literature, Humanities, Arts and Education (FLSHASE) > Integrative Research Unit: Social and Individual Development (INSIDE) >]
Bossert, Walter mailto [Université de Montréal - UdeM]
Kamaga, Kohei mailto [Sophia University, Tokyo]
In press
Review of Income and Wealth
Blackwell
Yes (verified by ORBilu)
International
0034-6586
1475-4991
Oxford
United Kingdom
[en] Economic Index Numbers ; Mean Values ; Luxembourg Income Study
[en] We examine some ordinal measures of inequality that are familiar from the literature. These measures have a quite simple structure in that their values are determined by combinations of specific summary statistics such as the extreme values and the arithmetic mean of a distribution. In spite of their common appearance, there seem to be no axiomatizations available so far, and this paper is intended to fill that gap. In particular, we consider the absolute and relative variants of the range; the max-mean and the mean-min orderings; and quantile-based measures. In addition, we provide some empirical observations that are intended to illustrate that, although these orderings are straightforward to define, some of them display a surprisingly high correlation with alternative (more complex) measures.
Researchers
http://hdl.handle.net/10993/44203
FnR ; FNR12677653 > Conchita D'Ambrosio > FESI > Financial Strain and Economic Instability: Effects on Wellbeing and Behaviour over the Life Course > 01/09/2019 > 31/08/2022 > 2018

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