The measurement of structural and exchange income mobility

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Show simple item record Ruiz-Castillo, Javier 2009-11-23T15:32:15Z 2009-11-23T15:32:15Z 2005-02
dc.identifier.bibliographicCitation The Journal of Economic Inequality, 2004, v. 2, n. 3, pp. 219-228
dc.identifier.issn 1573-8701
dc.description.abstract Chakravarty, Dutta and Weymark (1985) present operational axioms for an ethical index of income mobility that are best suited for a two period world. This paper suggests a decomposition of this index into two terms: (i) an index of structural or snapshot mobility, which captures the welfare effect of differences in the inequality of the cross-section income distributions; and (ii) an index of exchange or rerankings mobility, which captures the welfare impact of rank reversals between the first- and the second-period income distributions. Income inequality reductions and rank reversals are always welfare enhancing. The properties of all the income mobility concepts introduced in the paper do not require any new value judgements beyond the traditional ones.
dc.format.mimetype text/plain
dc.format.mimetype application/pdf
dc.language.iso eng
dc.publisher Springer
dc.rights ©Springer
dc.subject.other Distributional change
dc.subject.other Exchange and structural mobility
dc.subject.other Income mobility
dc.title The measurement of structural and exchange income mobility
dc.type article PeerReviewed
dc.description.status Publicado
dc.subject.eciencia Economía
dc.identifier.doi 10.1007/s10888-004-4075-3
dc.rights.accessRights openAccess
dc.identifier.publicationfirstpage 219
dc.identifier.publicationissue 3
dc.identifier.publicationlastpage 228
dc.identifier.publicationtitle The Journal of Economic Inequality
dc.identifier.publicationvolume 2
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