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Can a single indicator measure both attainment and shortfall inequality?

Guido Erreygers ()

Journal of Health Economics, 2009, vol. 28, issue 4, 885-893

Abstract: When a distribution can be described either in terms of attainment or in terms of shortfall, the classical inequality measures appear to be one-sided. I show that it is possible to find indicators which simultaneously measure attainment and shortfall inequality. I derive one indicator belonging to the Gini family, and another belonging to Coefficient of Variation family. I also indicate how they are connected to other measures.

Keywords: Inequality; measurement; Bounded; variables; Gini; coefficient; Coefficient; of; Variation; Health; inequality (search for similar items in EconPapers)
Date: 2009
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Journal of Health Economics is currently edited by J. P. Newhouse, A. J. Culyer, R. Frank, K. Claxton and T. McGuire

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Handle: RePEc:eee:jhecon:v:28:y:2009:i:4:p:885-893