The measurement of structural and exchange income mobility

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Mostrar el registro sencillo del ítem Ruiz-Castillo, Javier
dc.contributor.editor Universidad Carlos III de Madrid. Departamento de Economía 2010-03-12T07:28:58Z 2010-03-12T07:28:58Z 2000-09
dc.identifier.issn 2340-5031
dc.description.abstract Chakravarty, Dutta and Weymark (1985) present axioms for an ethical index of relative income mobility in a two-period world. This paper suggests a decomposition of this index into i) an index of structural mobility, which captures the welfare effect of differences in the inequality of the cross-section income distributions; and ii) an index of exchange mobility, which captures the welfare impact of permutations or rank reversals between the first-and the secon-period income distributions. We propose a second decomposition in order to isolate the effect on mobility of mean incomes changes. 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 application/pdf
dc.language.iso eng
dc.relation.ispartofseries UC3M Working papers. Economics
dc.relation.ispartofseries 2000-22
dc.rights Atribución-NoComercial-SinDerivadas 3.0 España
dc.subject.other Income mobility
dc.subject.other Income inequality
dc.subject.other Rank reversals
dc.subject.other Income growth
dc.title The measurement of structural and exchange income mobility
dc.type workingPaper
dc.subject.eciencia Economía
dc.rights.accessRights openAccess
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