Ray-invariant intermediate inequality measures: A Lorenz dominance criterion

Francisco Azpitarte () and Olga Alonso-Villar
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Francisco Azpitarte: University of Melbourne

No 226, Working Papers from ECINEQ, Society for the Study of Economic Inequality

Abstract: This paper introduces a new Lorenz dominance criterion that allows ranking income distributions according to ray-invariant intermediate inequality measures. In doing so, it defines a-Lorenz curves by adapting the generalized Lorenz curves to this case. In addition, it provides an empirical illustration of these tools using Australian income data for the period 2001-2008. The results suggest that despite the reduction of relative inequality, inequality increased for most ray-invariant intermediate value judgments.

Keywords: Income distribution; Lorenz dominance; Intermediate inequality indices; Ray-invariance. (search for similar items in EconPapers)
JEL-codes: D63 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2011
New Economics Papers: this item is included in nep-ltv and nep-pub
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:inq:inqwps:ecineq2011-226

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