Measures of Distributional Change: An Axiomatic Approach

Frank Cowell ()

The Review of Economic Studies, 1985, vol. 52, issue 1, 135-151

Abstract: Income mobility and horizontal inequity are two common examples of the phenomenon of "distributional change": the transformation of an "old" distribution vector into a "new" distribution vector. An attempt is made to supplement the sundry ad hoc methods of measuring this change with a system of axioms that might command support as general principles of measurement. Variants on the axiom system are examined and the associated class of measures is derived.

Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:oup:restud:v:52:y:1985:i:1:p:135-151.

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