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Theil, inequality and the structure of income distribution

Frank Cowell ()

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: Theil’s information-theoretic approach to the measurement of inequality (Theil 1967) is set in the context of subsequent developments over recent decades. It is shown that Theil’s initial insight leads naturally to a very general class of inequality measures. It is thus closely related to a number of other commonly used families of inequality measures.

Keywords: Theil; inequality; independence; homotheticity; translatability (search for similar items in EconPapers)
JEL-codes: C13 D63 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2003-05
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

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Working Paper: Theil, Inequality and the Structure of Income Distribution (2003) Downloads
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