Axiomatic measurement of multidimensional well-being inequality: Some distributional questions

Elisabetta Croci Angelini and Alessandra Michelangeli

Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), 2012, vol. 41, issue 5, 548-557

Abstract: This paper focuses on two main issues which are crucial for improving on the analysis of multidimensional inequality: the effect of both the dispersion of well-being attributes across individuals and the interaction among attributes on the measurement of multidimensional well-being. To approach these distributional questions we rely on the Atkinson, Kolm, Sen (hereafter AKS) methodology, which defines a multidimensional inequality index consistent with the Pigou–Dalton principle. This index can be decomposed into univariate indexes belonging to the class of AKS indexes, and a residual term accounting for the interaction across dimensions. The empirical application investigates the evolution of inequality in well-being across some EU countries between 1994 and 2001.

Keywords: Well-being; Inequality indicators; European Union (search for similar items in EconPapers)
JEL-codes: D30 D63 O15 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:soceco:v:41:y:2012:i:5:p:548-557

DOI: 10.1016/j.socec.2012.04.006

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